Unlocking Q1 Potential of Northrop Grumman (NOC): Exploring Wall Street Estimates for Key Metrics

Core Viewpoint - Northrop Grumman (NOC) is expected to report quarterly earnings of $6.27 per share, reflecting a 0.8% decline year-over-year, with revenues forecasted at $10.05 billion, also down 0.8% from the previous year [1] Earnings Estimates - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating analysts' reassessment of their projections [1][2] - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock [2] Key Metrics Forecast - Analysts predict 'Sales- Mission Systems' at $2.76 billion, a year-over-year increase of 3.9% [4] - 'Sales- Aeronautics Systems' is expected to reach $3.17 billion, reflecting a 6.8% increase year-over-year [4] - 'Sales- Space Systems' is forecasted to decline to $2.66 billion, a significant decrease of 27.3% year-over-year [4] Operating Income Projections - 'Sales- Defense Systems' is anticipated to reach $1.89 billion, marking a 33.6% increase from the prior-year quarter [5] - 'Operating income (loss)- Defense Systems' is expected at $182.36 million, up from $177 million in the same quarter last year [5] - 'Operating income (loss)- Mission Systems' is forecasted at $398.01 million, compared to $378 million in the previous year [5] - 'Operating income (loss)- Space Systems' is estimated at $285.17 million, down from $332 million year-over-year [6] - 'Operating income (loss)- Aeronautics Systems' is projected at $303.28 million, slightly up from $297 million in the same quarter last year [6] - 'Segment operating income adjustment- FAS/CAS operating adjustment' is expected to be $64.69 million, a significant increase from $6 million in the same quarter last year [7] Stock Performance - Northrop Grumman shares have increased by 8.1% over the past month, contrasting with the Zacks S&P 500 composite's decline of 4.2% [8] - The company holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [8]