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

Infographic: Nvidia (NVDA) Q4 revenue up 61%; earnings beat

Nvidia Corporation (NASDAQ: NVDA) Wednesday said its fourth-quarter revenues and profit increased in double-digits amid elevated demand. The results also topped the Street view, driving the stock higher during the

Nutanix (NTNX) Earnings: 2Q21 Key Numbers

Nutanix (NASDAQ: NTNX) reported second quarter 2021 earnings results today. Total revenue remained flat at $346.4 million compared to the same period a year ago. GAAP net loss was $287.3

Macy’s (M) expects digital channels to generate approx. $10 billion in sales by 2023

Shares of Macy’s Inc. (NYSE: M) were down 2.7% in morning trade on Wednesday. The stock has gained 37% since the beginning of the year. A day ago, the retailer

Add Comment
Viewing Highlight