Northrop Grumman (NYSE:NOC) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:40 AM.
Here's what investors need to know about the announcement.
Earnings
Northrop Grumman beat estimated earnings by 2.35%, reporting an EPS of $6.1 versus an estimate of $5.96.
Revenue was down $360.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 1.66% increase in the share price the next day.
Here's a look at Northrop Grumman's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 5.99 | 5.99 | 5.83 | 5.48 |
| EPS Actual | 6 | 6.63 | 6.42 | 6.57 |
| Revenue Estimate | 8.99B | 8.94B | 8.77B | 8.53B |
| Revenue Actual | 8.64B | 8.72B | 9.15B | 9.16B |
To track all earnings releases for Northrop Grumman visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
