Northrop (NOC) Q1 Earnings Beat Estimates, Sales Rise Y/Y
Northrop Grumman(NOC) Zacks Investment Research·2024-04-25 23:26
Northrop Grumman Corporation (NOC) reported first-quarter 2024 earnings of $6.32 per share, which beat the Zacks Consensus Estimate of $5.83 by 8.4%. The bottom line increased 15% from $5.50 recorded in the year-ago quarter.The year-over-year improvement can be attributed to an increase in operating income, as well as an increase in the non-operating FAS pension benefit.Total SalesNOC’s total sales of $10.13 billion beat the Zacks Consensus Estimate of $9.78 billion by 3.6%. The top line also increased 8.9% ...