07:20 AM EDT, 07/25/2024 (MT Newswires) -- Northrop Grumman ( NOC ) reported Q2 earnings Thursday of $6.36 per diluted share, up from $5.34 a year earlier.
Analysts polled by Capital IQ expected $5.91.
Sales for the quarter ended June 30 were $10.22 billion, up from $9.58 billion a year earlier.
Analysts polled by Capital IQ expected $10.02 billion.
For 2024, the defense contractor raised its adjusted EPS outlook to $24.90 to $25.30, compared with the prior outlook of $24.45 to $24.85. Analysts polled by Capital IQ expect $24.75.
Sales for the year are estimated to be $41 billion to $41.4 billion, compared with the prior outlook of $40.8 billion to $41.2 billion. Analysts polled by Capital IQ expect $41.12 billion.
Price: 448.00, Change: +5.88, Percent Change: +1.33