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Northrop Grumman: Q2 Earnings Snapshot
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FALLS CHURCH, Va. (AP) — FALLS CHURCH, Va. (AP) — Northrop Grumman Corp. (NOC) on Tuesday reported second-quarter earnings of $1.09 billion.

On a per-share basis, the Falls Church, Virginia-based company said it had net income of $7.68.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $6.84 per share.

The defense contractor posted revenue of $10.88 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $10.8 billion.

Northrop Grumman expects full-year earnings in the range of $28.60 to $29.10 per share, with revenue in the range of $43.75 billion to $44.25 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOC at https://www.zacks.com/ap/NOC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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