Northrop Grumman Q1 Results Top Estimates; Reaffirms FY24 Outlook

RTTNews | 385 days ago
Stocktwits
Northrop Grumman Q1 Results Top Estimates; Reaffirms FY24 Outlook

(RTTNews) - While reporting financial results for the first quarter on Thursday, Northrop Grumman Corp. (NOC) reaffirmed its adjusted earnings and sales guidance for the full year 2024.

For fiscal 2023, the company continues to project transaction-adjusted earnings in a range of $24.45 to $24.85 per share on sales between $40.80 billion and $41.20 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $24.65 per share on revenues of $41.11 billion for the year. Analysts' estimates typically exclude special items.

For the first quarter, the company reported net earnings of $944 million or $6.32 per share, higher than $842 million or $5.50 per share in the prior-year quarter.

Total sales for the quarter grew 9 percent to $10.13 billion from $9.30 billion in the same quarter last year, due to higher sales volume at all four sectors.

The Street was looking for earnings of $5.79 per share on revenues of $9.77 billion for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: NOC
Stocktwits
read more
Northrop Grumman Q2 Results Miss Estimates; Affirms FY22 Outlook

Northrop Grumman Q2 Results Miss Estimates; Affirms FY22 Outlook

While reporting financial results for the second quarter on Thursday, Northrop Grumman Corp. (NOC) affirmed its adjusted earnings and sales guidance for the full year 2022 as the tight labor market that has impacted growth in the first half has begun to ease in the second half of the year.
RTTNews | 1022 days ago
Japan GDP Data Due On Friday

Japan GDP Data Due On Friday

Japan will on Friday release preliminary Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to slip 0.1 percent on quarter and 0.2 percent on year after adding 0.6 percent on quarter and 2.2 percent on year in the three month prior.
RTTNews | 42 minutes ago
Euro Drops Against Majors

Euro Drops Against Majors

The euro weakened against its major counterparts in the New York session on Thursday.
RTTNews | 3h 21min ago
Swiss Market Shrugs Off Weak Start, Ends On Firm Note

Swiss Market Shrugs Off Weak Start, Ends On Firm Note

After opening weak and remaining subdued till noon, Swiss stocks found some support and kept edging higher on Thursday, and finally ended the day's session on a firm note. Data showing a strong pace of expansion of the Swiss economy in the first quarter of this year aided sentiment.
RTTNews | 5h 3min ago
Major European Markets Recover After Early Setback, Close On Firm Note

Major European Markets Recover After Early Setback, Close On Firm Note

Despite an early struggle, the major European markets turned in fairly steady performance as the session progressed on Thursday to eventually close on a firm note. Easing concerns about tariffs and U.S. inflation, and some encouraging regional economic data helped underpin sentiment.
RTTNews | 5h 21min ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading Courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Press Release
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.