Overview

* Northrop Grumman ( NOC ) Q3 sales rise 4% to $10.4 bln, missing analyst expectations

* EPS for Q3 rises 10% to $7.67, reflecting strong segment performance

* Company raises 2025 MTM adjusted EPS guidance range by $0.65, indicating positive outlook

Outlook

* Company raises 2025 MTM adjusted EPS guidance range to $25.65-$26.05

* Northrop Grumman ( NOC ) expects growth in all business segments next year

Result Drivers

* GLOBAL DEMAND - Co cites strong demand for global capabilities as a driver for Q3 sales increase

* SEGMENT PERFORMANCE - Strong segment operating performance contributed to increased net earnings

* BUSINESS MOMENTUM - CEO Kathy Warden attributes Q3 performance to business momentum and expanding margins

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $10.4 $10.71

Revenue bln bln (17

Analysts

)

Q3 EPS $7.67

Q3 Net $1.10

Income bln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the aerospace & defense peer group is "buy"

* Wall Street's median 12-month price target for Northrop Grumman Corp ( NOC ) is $650.00, about 7.4% above its October 20 closing price of $602.00

* The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)