NOC
$350.24
Northrop Grumman
$.58
.17%
Earnings Details
2nd Quarter June 2021
Thursday, July 29, 2021 6:49:00 AM
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Summary

Northrop Grumman Beats

Northrop Grumman (NOC) reported 2nd Quarter June 2021 earnings of $6.42 per share on revenue of $9.2 billion. The consensus earnings estimate was $5.75 per share on revenue of $8.8 billion. The Earnings Whisper number was $6.18 per share. Revenue grew 3.0% on a year-over-year basis.

The company said it expects 2021 earnings of $24.40 to $24.80 per share on revenue of $35.80 billion to $36.20 billion. The company's previous guidance was earnings of $23.15 to $23.65 per share on revenue of $35.10 billion to $35.50 billion and the current consensus earnings estimate is $24.51 per share on revenue of $35.81 billion for the year ending December 31, 2021.

Northrop Grumman Corporation is a security company providing systems, products and solutions in unmanned systems, cybersecurity; command, control, communications and computers (C4) intelligence, surveillance, and reconnaissance.

Results
Reported Earnings
$6.42
Earnings Whisper
$6.18
Consensus Estimate
$5.75
Reported Revenue
$9.15 Bil
Revenue Estimate
$8.77 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Northrop Grumman Releases Second Quarter 2021 Financial Results

FALLS CHURCH, Va., July 29, 2021 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its second quarter 2021 financial results. A copy of the earnings release has been furnished in the company’s Form 8-K filing and is also available on the company's investor relations website at http://investor.northropgrumman.com.

As previously announced, Northrop Grumman will webcast its earnings conference call at 9 a.m. Eastern time today. A live audio broadcast of the conference call will be available on http://investor.northropgrumman.com. To listen to the call, go to the website at least 15 minutes before the call to register, download and install any needed audio software.

Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide. Our 90,000 employees define possible every day using science, technology and engineering to create and deliver advanced systems, products and services.

Contact: Vic Beck (Media)
 703-280-4456 (office)
 vic.beck@ngc.com
  
 Todd Ernst (Investors)
 703-280-4535 (office)
 todd.ernst@ngc.com 


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Source: Northrop Grumman Corporation