Northrop's quarterly earnings beat estimates on weapon demand

April 27 (Reuters) - Northrop Grumman Corp , opens new tab beat first-quarter earnings expectations on Thursday, helped by higher sales of weapons amid heightened geopolitical tensions.

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Northrop's Quarterly Earnings Beat Estimates On Weapon Demand

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Apr 27, 2023 · Northrop's peers Lockheed Martin Corp and General Dynamics Corp also reported upbeat sales for the quarter and are expected to benefit from Pentagon's plans to spend $858 …

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Northrop’s Quarterly Earnings Beat Estimates On Weapon Demand

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Apr 27, 2023 · The company’s net income was $842 million. Its profit of $5.50 per share also beat analysts’ estimate of $5.09 per share. However, Northrop’s aeronautic systems business, its …

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Northrop's Quarterly Earnings Beat Estimates On Weapon Demand

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Apr 27, 2023 · Shares of the Virginia-based company were up 1.32% in premarket trading. Defense contractors have benefited as countries ramped up their military spending since the …

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Northrop Beats Quarterly Profit Expectations On Military …

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Northrop posted fourth-quarter sales of $10.69 billion, missing expectations of $11.01 billion. Its adjusted per-share profit for the quarter ended Dec. 31 was $6.39, surpassing estimates of …

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Northrop Beats Quarterly Profit Expectations On Military …

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Jan 30, 2025 · Northrop posted fourth-quarter sales of $10.69 billion, missing expectations of $11.01 billion. Its adjusted per-share profit for the quarter ended Dec. 31 was $6.39, …

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Weapons-Grade Wealth: Why Northrop Grumman Is Built To …

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Jan 31, 2025 · Summary. Northrop Grumman's record $91.5 billion backlog, strong international demand, and key defense programs like the B-21 bomber drive long-term revenue growth.

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Northrop's Quarterly Earnings Beat Estimates On Weapon Demand

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Apr 27, 2023 · Northrop Grumman reported Q1 earnings that exceeded expectations, driven by higher sales of weapons. Sales for the quarter rose 6% to $9.3bn, with the space systems …

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Byrna’s (NASDAQ:BYRN) Q4 Earnings Results: Revenue In Line …

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16 hours ago · Non-lethal weapons company Byrna (NASDAQ:BYRN) ... $0.41 vs analyst estimates of $0.10 (significant beat) Adjusted EBITDA: $5.16 million vs analyst estimates of …

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Northrop’s Quarterly Earnings Beat Estimates On Weapon Demand

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Apr 27, 2023 · Northrop’s overall sales rose 6% to $9.30 billion in the reported quarter, beating analysts average estimate of $9.17 billion, according to Refinitiv data. Sales in its space …

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Amazon Beats Q4 Earnings Estimates, Issues Weak Q1 Guidance

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16 hours ago · Amazon.com AMZN delivered fourth-quarter 2024 earnings of $1.86 per share, which increased 84.2% from the year-ago quarter and beat the Zacks Consensus Estimate by …

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Northrop Grumman To See Steady Growth In 2025 Despite …

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Jan 31, 2025 · Truist Securities analyst Michael Ciarmoli reiterated a Buy rating on the shares of Northrop Grumman Corp (NYSE:NOC) with a price forecast of $545. The company reported …

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Byrna’s (NASDAQ:BYRN) Q4 Earnings Results: Revenue In Line …

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16 hours ago · Non-lethal weapons company Byrna (NASDAQ:BYRN) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 78.9% year on year to $27.98 million. ...

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FAQs about Northrop's quarterly earnings beat estimates on weapon demand Coupon?

Why did Northrop Grumman beat first-quarter earnings expectations?

(Reuters) - Northrop Grumman Corp beat first-quarter earnings expectations on Thursday, helped by higher sales of weapons amid heightened geopolitical tensions. Shares of the Virginia-based company were up 1.32% in premarket trading. ...

What was Northrop's fourth-quarter earnings?

Northrop posted fourth-quarter sales of $10.69 billion, missing expectations of $11.01 billion. Its adjusted per-share profit for the quarter ended Dec. 31 was $6.39, surpassing estimates of $6.35. (Reporting by Utkarsh Shetti in Bengaluru and Mike Stone in Washington; Editing by Krishna Chandra Eluri and Shilpi Majumdar) ...

Why did Northrop Grumman raise its annual revenue target?

Oct 26 (Reuters) - U.S. defense company Northrop Grumman (NOC.N) on Thursday raised its annual revenue target for the second time this year after reporting a jump in third-quarter revenue and profit helped by strong weapons demand. ...

What is Northrop's forecast for annual sales?

Northrop now expects annual sales to reach up to $41.4 billion, up from its previous forecast of $40.8 billion to $41.2 billion. It sees adjusted profit per share between $24.90 and $25.30, up from an earlier $24.45 to $24.85 per share. ...

How much does Northrop Northrop make per share?

It sees adjusted profit per share between $24.90 and $25.30, up from an earlier $24.45 to $24.85 per share. The U.S. Congress' recent approval for $95 billion additional funding, which includes aid for replenishing U.S. stockpiles in Ukraine and Israel has benefited Northrop. ...

How did Northrop Grumman's net income compare to analysts' estimates?

The company's net income was $842 million. Its profit of $5.50 per share also beat analysts' estimate of $5.09 per share. However, Northrop's aeronautic systems business, its second-biggest by revenue and which houses its new B21 Raider jet program, posted a 23% decline in operating income. ...