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Northrop Grumman Corp. (NOC) reported a profit for its third quarter that rose from last year.


RTTNews | Oct 28, 2021 06:48AM EDT

06:48 Thursday, October 28, 2021 (RTTNews.com) - Northrop Grumman Corp. (NOC) reported a profit for its third quarter that rose from last year.

The company's bottom line totaled $1.06 billion, or $6.63 per share. This compares with $0.99 billion, or $5.89 per share, in last year's third quarter.

Analysts had expected the company to earn $5.99 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.0% to $8.72 billion from $9.08 billion last year.

Northrop Grumman Corp. earnings at a glance:

-Earnings (Q3): $1.06 Bln. vs. $0.99 Bln. last year.-EPS (Q3): $6.63 vs. $5.89 last year.-Analysts Estimate: $5.99-Revenue (Q3): $8.72 Bln vs. $9.08 Bln last year.

-Guidance:Full year EPS guidance: $25.20 to $25.60Full year revenue guidance: 36,000 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3236664/northrop-grumman-corp-announces-rise-in-q3-profit-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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