Northrop Grumman(NOC)
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Northrop Grumman Increases Quarterly Dividend 10 Percent to $2.06
Newsfilter· 2024-05-14 21:32
Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers' toughest problems, our employees define possible every day. Contact: Jessica Kershaw (Media) 410-271-0540 jessica.kershaw@ngc.com Todd Ernst (Investors) 703-280-4535 (office) todd.ernst@ngc.com FALLS CHURC ...
Northrop Grumman Announces Leadership Changes
Newsfilter· 2024-05-14 20:30
Roeder was elected president of Defense Systems in October 2022. Prior to this, she was vice president and general manager of the Airborne Multifunction Sensors division in the Mission Systems sector. In her 22-year career with Northrop Grumman, she has led many different businesses and functions for the company. She holds a bachelor's degree in computer engineering from Virginia Tech. In his 26-year career with Northrop Grumman, Davies has held many leadership positions, including general manager for Missi ...
Why Has Northrop Grumman Stock Underperformed?
Seeking Alpha· 2024-05-07 19:28
Matthis Arrivet In November 2023, I covered Northrop Grumman Corporation (NYSE:NOC) stock, assigning it a Hold rating as I believed the stock was fairly valued. That call seems to have been about right given that the stock returned less than 2% while the S&P 500 (SP500) returned nearly 22%. In this report, I will discuss why shares have underperformed, analyze the most recent results, and assess whether the stock is any more compelling today to warrant a Buy rating. B-21 Stealth Bomber Is Seeing Increasing ...
Investors Heavily Search Northrop Grumman Corporation (NOC): Here is What You Need to Know
Zacks Investment Research· 2024-05-01 14:06
Northrop Grumman (NOC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this defense contractor have returned +4%, compared to the Zacks S&P 500 composite's -4.1% change. During this period, the Zacks Aerospace - Defense industry, which Northrop Grumman falls in, has lost 9.2%. The key question now is: What could be the stock's future direction?Whil ...
Northrop Grumman(NOC) - 2024 Q1 - Quarterly Report
2024-04-25 20:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-16411 NORTHROP GRUMMAN CORPORATION (Exact name of registrant as specified in its charter) Delaware 80-0640649 2980 Fairview Park Drive Falls Church, Virginia 22042 (Address of ...
Northrop Grumman(NOC) - 2024 Q1 - Earnings Call Transcript
2024-04-25 16:46
Company Participants Good day, ladies and gentlemen. Welcome to Northrop Grumman's First Quarter 2024 Conference Call. Today's call is being recorded. My name is Josh, and I will be your operator today. [Operator Instructions] I would now like to turn the call over to your host, Mr. Todd Ernst, Vice President, Investor Relations. Mr. Ernst, please proceed. Northrop Grumman Corporation. (NYSE:NOC) Q1 2024 Earnings Conference Call April 25, 2024 9:00 AM ET | --- | --- | |------------------------------|------- ...
Northrop (NOC) Q1 Earnings Beat Estimates, Sales Rise Y/Y
Zacks Investment Research· 2024-04-25 15:26
Northrop Grumman Corporation (NOC) reported first-quarter 2024 earnings of $6.32 per share, which beat the Zacks Consensus Estimate of $5.83 by 8.4%. The bottom line increased 15% from $5.50 recorded in the year-ago quarter.The year-over-year improvement can be attributed to an increase in operating income, as well as an increase in the non-operating FAS pension benefit.Total SalesNOC’s total sales of $10.13 billion beat the Zacks Consensus Estimate of $9.78 billion by 3.6%. The top line also increased 8.9% ...
Northrop Grumman (NOC) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-04-25 12:56
Northrop Grumman (NOC) came out with quarterly earnings of $6.32 per share, beating the Zacks Consensus Estimate of $5.83 per share. This compares to earnings of $5.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.40%. A quarter ago, it was expected that this defense contractor would post earnings of $5.75 per share when it actually produced earnings of $6.27, delivering a surprise of 9.04%.Over the last four quarters, the ...
Northrop Grumman(NOC) - 2024 Q1 - Earnings Call Presentation
2024-04-25 12:23
NORTHROP GRUMMAN April 25, 2024 Kathy Warden Chair, Chief Executive Officer and President Forward-Looking Statements Forward-looking statements include, among other things, statements relating to our future financial condition, results of operations and/or cash flows. Forward-looking statements are based upon assumptions, expectations, plans and projections that we believe to be reasonable when made, but which may change over time. These statements are not guarantees of future performance and inherently inv ...
Northrop Grumman Releases First Quarter 2024 Financial Results
Newsfilter· 2024-04-25 10:51
FALLS CHURCH, Va., April 25, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has released its first quarter 2024 financial results. A copy of the earnings release has been furnished in the company's Form 8-K filing and is also available on the company's investor relations website at http://investor.northropgrumman.com. As previously announced, Northrop Grumman will webcast its earnings conference call at 9 a.m. Eastern time today. A live audio broadcast of the conference call will be availa ...