Northrop Grumman Corp. (NOC) Crushes Q2 Earnings Views, Boosts Outlook
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Northrop Grumman Corp. (NYSE: NOC) reported Q2 EPS of $2.05, $0.33 better than the analyst estimate of $1.72. Revenue for the quarter came in at $6.3 billion versus the consensus estimate of $5.96 billion.
"Second quarter and year-to-date financial results reflect the hard work and dedication of the entire Northrop Grumman team. As a company, we remain focused on program performance, effective cash deployment and portfolio alignment as we continue to create value for our shareholders, customers and employees," said Wes Bush, chairman, chief executive officer and president.
Northrop Grumman Corp. sees FY2013 EPS of $7.60-$7.80, versus prior guidance of $6.85-$7.17 and the consensus of $7.18. Northrop Grumman Corp. sees FY2013 revenue of $24.3 billion, versus prior guidance of $24 billion and the consensus of $24.02 billion.
For earnings history and earnings-related data on Northrop Grumman Corp. (NOC) click here.
"Second quarter and year-to-date financial results reflect the hard work and dedication of the entire Northrop Grumman team. As a company, we remain focused on program performance, effective cash deployment and portfolio alignment as we continue to create value for our shareholders, customers and employees," said Wes Bush, chairman, chief executive officer and president.
Northrop Grumman Corp. sees FY2013 EPS of $7.60-$7.80, versus prior guidance of $6.85-$7.17 and the consensus of $7.18. Northrop Grumman Corp. sees FY2013 revenue of $24.3 billion, versus prior guidance of $24 billion and the consensus of $24.02 billion.
For earnings history and earnings-related data on Northrop Grumman Corp. (NOC) click here.
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