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Northrop Grumman's Q1 Earnings, Sales Rise; 2024 Outlook Reaffirmed
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Northrop Grumman's Q1 Earnings, Sales Rise; 2024 Outlook Reaffirmed
Apr 25, 2024 5:00 AM

07:30 AM EDT, 04/25/2024 (MT Newswires) -- Northrop Grumman ( NOC ) reported Q1 earnings Thursday of $6.32 per diluted share, up from $5.50 a year earlier.

Analysts polled by Capital IQ expected $5.77.

Total sales for the quarter ended March 31 were $10.13 billion, up from $9.30 billion a year earlier.

Analysts surveyed by Capital IQ expected $9.76 billion.

For 2024, the defense contractor said it continues to expect adjusted earnings between $24.45 to $24.85 per share on sales of $40.80 billion to $41.20 billion. Analysts polled by Capital IQ expect $24.62 on revenue of $41.08 billion.

Price: 470.00, Change: -4.57, Percent Change: -0.96

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