Categories AlphaGraphs, Earnings, LATEST

Northrop Grumman (NYSE: NOC): Q3 2019 Earnings Snapshot

– Aerospace company Northrop Grumman Corporation (NYSE: NOC) reported earnings of $5.49 per share for the third quarter of 2019, vs $4.77 per share expected

– Net income was $933 million, compared to $1.24 billion in the same period of last year

– There was a 5% increase in net sales to $8.5 billion, vs. $8.57 billion expected; net awards came in at $10.1 billion

— Aerospace Systems sales rose 5% and Innovation Systems sales up 12%

– Expects full-year sales of approximately $34 billion; sees MTM-adjusted earnings per share of $20.10 to $20.35 for 2019

— Full-year free cash flow guidance updated to the range of $2.7 billion to $3.0 billion

– Northrop shares gained 41% so far this year; closed the last session higher

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips

Most Popular

What to look for when CVS Health (CVS) reports Q3 earnings

Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain

eBay (EBAY): A few factors that helped drive growth in Q3 2024

Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,

CVX Earnings: Chevron reports lower revenue and profit for Q3 2024

Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top