Compared to Estimates, Northrop Grumman (NOC) Q1 Earnings: A Look at Key Metrics

Core Insights - Northrop Grumman reported $9.47 billion in revenue for Q1 2025, a year-over-year decline of 6.6% and below the Zacks Consensus Estimate of $9.91 billion, resulting in a surprise of -4.44% [1] - The company's EPS for the same period was $6.06, down from $6.32 a year ago, with an EPS surprise of -2.42% compared to the consensus estimate of $6.21 [1] Financial Performance Metrics - Mission Systems sales were $2.81 billion, exceeding the six-analyst average estimate of $2.75 billion, reflecting a year-over-year increase of 5.6% [4] - Aeronautics Systems sales were $2.81 billion, below the average estimate of $3.14 billion, showing a year-over-year decline of 5.2% [4] - Space Systems sales were $2.57 billion, under the average estimate of $2.66 billion, representing a significant year-over-year decrease of 29.7% [4] - Defense Systems sales reached $1.81 billion, slightly below the average estimate of $1.88 billion, but showing a year-over-year increase of 27.8% [4] - Intersegment eliminations reported sales of -$526 million, slightly worse than the average estimate of -$517.83 million, marking a year-over-year decline of 6.4% [4] Operating Income Analysis - Operating income for Mission Systems was $361 million, compared to the average estimate of $394.99 million [4] - Defense Systems operating income was $179 million, slightly below the average estimate of $181.90 million [4] - Aeronautics Systems reported an operating loss of -$183 million, significantly worse than the average estimate of $301.39 million [4] - Space Systems operating income was $283 million, close to the average estimate of $286.83 million [4] - Unallocated corporate expenses were -$58 million, better than the average estimate of -$63.32 million [4]