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Wall Street's Insights Into Key Metrics Ahead of Northrop Grumman (NOC) Q4 Earnings
Zacks Investment Research· 2024-01-23 20:06
In its upcoming report, Northrop Grumman (NOC) is predicted by Wall Street analysts to post quarterly earnings of $5.75 per share, reflecting a decline of 23.3% compared to the same period last year. Revenues are forecasted to be $10.44 billion, representing a year-over-year increase of 4%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead ...
Will Northrop Grumman (NOC) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-01-19 18:12
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Northrop Grumman (NOC) . This company, which is in the Zacks Aerospace - Defense industry, shows potential for another earnings beat.This defense contractor has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 3.47%.For the ...
Northrop Grumman: A Worthy Investment
Seeking Alpha· 2024-01-12 09:03
JHVEPhoto Dividend growth investors have different requirements when it comes to picking stocks. While most likely want to own names that provide safe dividends, investors can differ on whether the size of the yield is also at the top of the list of important characteristics. For the investor needing a larger source of income, sub 2.0% yields may not make for an attractive investment. For those who value the health of underlying company, the lower yield may not be a dealbreaker if the business is strong. On ...
Northrop Grumman Corporation (NOC) Baird's Global Industrial Conference (Transcript)
2023-11-12 05:33
Key Points Industry/Company * **Company**: Northrop Grumman Corporation (NYSE:NOC) * **Industry**: Aerospace and defense Core Views and Arguments * **Strategy**: Northrop Grumman's strategy focuses on technology differentiation, sustainable and profitable growth, performance and execution, and efficient capital deployment. * **Backlog**: The company has reached a historic backlog of $84 billion, driven by strong demand both domestically and internationally. * **Growth**: The company expects 6.5% growth in 2023 and 4-5% growth in 2024, with a focus on space, mission systems, defense systems, and aeronautics. * **Free Cash Flow**: Northrop Grumman maintains its free cash flow guidance and expects it to grow significantly over the next few years, driven by operational improvements and non-operational factors. * **Capital Deployment**: The company plans to return at least 100% of its free cash flow to shareholders through dividends and share repurchases. Other Important Points * **Space**: The space segment is expected to grow at a slightly higher rate than the company average in 2024, driven by launch support and SDA constellations. * **Mission Systems and Defense Systems**: These segments are expected to grow in line with the company average, with opportunities in munitions and integrated air and missile defense. * **Aeronautics**: The aeronautics segment is expected to see modest growth in 2024, with opportunities in international markets. * **B-21**: The B-21 program is progressing well and is expected to enter the low rate initial production phase in the fourth quarter of 2023. * **International**: The international business is expected to grow at a rate similar to or higher than the company average, driven by opportunities in munitions, integrated air and missile defense, and aeronautics. * **Margins**: The company expects modest margin expansion in 2024, driven by operational improvements and changes in the mix of business. * **Cash Flow**: The company expects free cash flow to grow significantly over the next few years, driven by operational improvements, non-operational factors, and capital expenditure reductions.
Northrop Grumman(NOC) - 2023 Q3 - Earnings Call Transcript
2023-10-26 18:02
Northrop Grumman Corporation (NYSE:NOC) Q3 2023 Earnings Conference Call October 26, 2023 9:00 AM ET Company Participants Todd Ernst - Vice President, Investor Relations Kathy Warden - Chairman, Chief Executive Officer & President David Keffer - Chief Financial Officer Conference Call Participants Douglas Harned - Bernstein Ronald Epstein - Bank of America Merrill Lynch Sheila Kahyaoglu - Jefferies Myles Walton - Wolfe Research Kristine Liwag - Morgan Stanley Robert Stallard - Vertical Research Cai von Rumo ...
Northrop Grumman(NOC) - 2023 Q3 - Quarterly Report
2023-10-25 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-16411 NORTHROP GRUMMAN CORPORATION (Exact name of registrant as specified in its charter) Delaware 80-0640649 (State or other jurisdiction of incorporation or organization ...
Northrop Grumman Corp (NOC) 2023 Morgan Stanley's 11th Annual Laguna Conference (Transcript)
2023-09-13 05:57
https://reportify-1252068037.cos.ap-beijing.myqcloud.com/media/production/s_m_content_60976714fdbcb771306ee274020d93d5.html ...
Northrop Grumman(NOC) - 2023 Q2 - Earnings Call Transcript
2023-07-27 17:24
Northrop Grumman Corporation (NYSE:NOC) Q2 2023 Earnings Conference Call July 27, 2023 9:00 AM ET Company Participants Todd Ernst - Vice President, Investor Relations Kathy Warden - Chairman, Chief Executive Officer & President David Keffer - Chief Financial Officer Conference Call Participants Robert Stallard - Vertical Research Richard Safran - Seaport Global Partners Ron Epstein - Bank of America Merrill Lynch Kristine Liwag - Morgan Stanley Doug Harned - Bernstein Sheila Kahyaoglu - Jefferies Matt Akers ...
Northrop Grumman(NOC) - 2023 Q2 - Earnings Call Presentation
2023-07-27 15:17
• the performance and viability of our subcontractors and suppliers and the availability and pricing of raw materials and components, particularly with inflationary pressures, increased costs, shortages in labor and financial resources, supply chain disruptions, and extended material lead times • natural disasters General and Other Risk Factors You are urged to consider the limitations on, and risks associated with, forward-looking statements and not unduly rely on the accuracy of forward-looking statements ...
Northrop Grumman(NOC) - 2023 Q2 - Quarterly Report
2023-07-26 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-16411 NORTHROP GRUMMAN CORPORATION (Exact name of registrant as specified in its charter) Delaware 80-0640649 (State or other jurisdiction of incorporation or organization) 298 ...