Northrop posts 16.7 percent profit rise, raises full-year forecast
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Jefferies Raises Price Target on Northrop Grumman (NOC) Following 3Q Beat
October 27, 2016 9:45 AM EDTJefferies reiterated a Buy rating on Northrop Grumman (NYSE: NOC), and raised the price target to $260.00 (from $250.00), following the company's 3Q earnings report. NOC reported EPS of $3.35, 20c ahead of expectations. Management increased 2016 EPS guidance to be in the range of $11.55-$11.75 up from $10.75-... More
Northrop Grumman (NOC) Tops Q3 EPS by 54c; Raises Outlook
October 26, 2016 6:58 AM EDTNorthrop Grumman (NYSE: NOC) reported Q3 EPS of $3.35, $0.54 better than the analyst estimate of $2.81. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $6.02 billion.
GUIDANCE:
Northrop Grumman sees FY2016 EPS of $11.55-$11.75, versus the consensus of... More
