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Barchart
Aditya Sarawgi

Northrop Grumman’s Quarterly Earnings Preview: What You Need to Know

Northrop Northrop Grumman NOC

Falls Church, Virginia-headquartered Northrop Grumman Corporation (NOC) pioneers technologies at the edge of every frontier to connect, advance and protect the U.S. and its allies. Valued at $66.3 billion by market cap, Northrop focuses on solving toughest problems in space, aeronautics, defense and cyberspace to meet the ever-evolving needs of its customers.

The defense giant is expected to release its fourth-quarter earnings before the market opens on Thursday, Jan. 30. Ahead of the event, analysts expect Northrop to report a profit of $6.24 per share, marginally down from $6.27 per share reported in the year-ago quarter. However, the company has a robust earnings surprise history. It has surpassed Wall Street’s bottom-line estimates in each of the past four quarters. Its EPS for the last reported quarter surged 13.3% year-over-year to $7.00, exceeding analysts’ estimates by 15.3%.

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