Categories Earnings, Industrials

Northrop Grumman (NOC): Q4 2019 Earnings Snapshot

— Northrop Grumman Corporation (NYSE: NOC) reported Q4 2019 earnings of $5.61 per share, vs. $4.77 expected.

— Sales grew 7% to $8.7 billion, vs. $8.8 billion expected.

— Aerospace Systems sales increased 10% to $3.5 billion.

— Innovation Systems sales rose 9% to $1.5 billion.

— Mission Systems sales grew 6% to $3.2 billion.

— Technology Services sales fell 4% to $1 billion.

— FY2020 sales is expected to be $35.3-35.8 billion.

— FY2020 adjusted EPS is projected to be $22.75-23.15.

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