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NOC Northrop Grumman Corp Holding Co

468.36
-0.73 (-0.16%)
After Hours
Last Updated: 23:13:24
Delayed by 15 minutes
Share Name Share Symbol Market Type
Northrop Grumman Corp Holding Co NYSE:NOC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.73 -0.16% 468.36 471.26 467.31 470.34 868,016 23:13:24

Northrop Grumman Boosts 2020 Sales, Profit Guidance

22/10/2020 12:35pm

Dow Jones News


Northrop Grumman (NYSE:NOC)
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By Matt Grossman

 

Northrop Grumman Corp. on Thursday nudged higher its sales and profit guidance for the full year, as the company posted better-than-expected third-quarter results.

The Falls Church, Va.-based aerospace-and-defense company said it expects full-year revenue of $35.7 billion to $36 billion, compared with a previous guidance range of $35.3 billion to $35.6 billion.

It forecast full-year adjusted earnings of $22.25 to $22.65 a share, compared with a prior forecast of per-share earnings that called for $22 to $22.40.

Analysts surveyed by FactSet had forecast full-year revenue of $35.47 billion and adjusted earnings of $22.50 a share.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

October 22, 2020 07:20 ET (11:20 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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