Northrop Grumman Q2 Adj. EPS $6.77 Misses $6.82 Estimate, Sales $10.876B Beat $10.803B Estimate
Northrop Grumman (NYSE:NOC) reported quarterly earnings of $6.77 per share which missed the analyst consensus estimate of $6.82 by 0.73 percent. This is a 4.78 percent decrease over earnings of $7.11 per share from the
Northrop Grumman made slightly less profit per share than experts predicted, but brought in more sales than expected. When a company's sales are strong but profits miss, it hints that costs or challenges may be squeezing their bottom line—something to keep an eye on.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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