Northrop Beats on Q3 Earnings, Raises '24 EPS Guidance

Northrop Grumman Corporation (NOC) reported third-quarter 2024 earnings of $7 per share, which beat the Zacks Consensus Estimate of$6.07 by 15.3%. The bottom line also increased 13.3% from $6.18 recorded in the year-ago quarter. The year-over-year improvement can be attributed to an increase in operating income and sales. Total Sales NOC's total sales of$10 billion missed the Zacks Consensus Estimate of $10.23 billion by 2.2$9.78 billion reported in the year-ago quarter ...