Although the revenue and EPS for Northrop Grumman (NOC) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Northrop Grumman (NOC) came out with quarterly earnings of $6.39 per share, beating the Zacks Consensus Estimate of $6.27 per share. This compares to earnings of $6.27 per share a year ago.
NOC's Q4 results are likely to be boosted by the robust sales performance delivered by three of its major business segments.
Northrop Grumman (NOC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Northrop Grumman (NOC) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, NOC broke through the 200-day moving average, which suggests a long-term bullish trend.
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Northrop Grumman Corporation is a premier aerospace and defense company with a strong backlog and impressive growth, making it a compelling long-term investment. NOC's high backlog of $85 billion and increasing NATO defense budgets support sustained revenue and free cash flow growth. Strong profitability, disciplined capital allocation, and robust share buybacks and dividend growth enhance NOC's appeal for growth at a reasonable price.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Northrop Grumman (NOC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
NOC secures a $481.3 million contract for offering updates and improvements to the Integrated Air and Missile Defense Battle Command System's software.
NOC is set to expand its share repurchase program by $3 billion, bringing the total outstanding authorized amount to approximately $4.2 billion.