Northrop Grumman (NOC) Surpasses Q3 Earnings Estimates

Core Insights - Northrop Grumman reported quarterly earnings of $7.67 per share, exceeding the Zacks Consensus Estimate of $6.49 per share, and showing an increase from $7 per share a year ago, resulting in an earnings surprise of +18.18% [1] - The company posted revenues of $10.42 billion for the quarter ended September 2025, which was below the Zacks Consensus Estimate by 2.78%, but an increase from $10 billion in the same quarter last year [2] - Northrop Grumman's stock has increased by approximately 28.3% year-to-date, outperforming the S&P 500's gain of 14.5% [3] Earnings Outlook - The future performance of Northrop Grumman's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $7.37, with projected revenues of $11.6 billion, and for the current fiscal year, the EPS estimate is $25.38 on revenues of $42.17 billion [7] Industry Context - The Aerospace - Defense industry, to which Northrop Grumman belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Northrop Grumman's stock may also be influenced by the overall outlook for the industry, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]