Northrop Grumman (NYSE:NOC) issued an update on its FY 2020
Pre-Market earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 22.00-22.40 for the period, compared to the Thomson Reuters consensus estimate of $22.14. The company issued revenue guidance of $35.3-35.6 billion, compared to the consensus revenue estimate of $35.19 billion.Northrop Grumman also updated its FY20 guidance to $22.00-22.40 EPS.
NYSE:NOC opened at $325.01 on Friday. The firm has a market cap of $54.18 billion, a P/E ratio of 22.86 and a beta of 0.79. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.21 and a current ratio of 1.35. Northrop Grumman has a fifty-two week low of $263.31 and a fifty-two week high of $385.01. The firm has a 50-day simple moving average of $308.15 and a two-hundred day simple moving average of $332.27.
Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Thursday, July 30th. The aerospace company reported $6.01 earnings per share for the quarter, beating analysts’ consensus estimates of $5.32 by $0.69. The business had revenue of $8.88 billion during the quarter, compared to analyst estimates of $8.66 billion. Northrop Grumman had a net margin of 6.91% and a return on equity of 40.24%. Northrop Grumman’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the business earned $5.06 EPS. On average, equities research analysts predict that Northrop Grumman will post 22.2 EPS for the current year.
Northrop Grumman Company Profile
Northrop Grumman Corporation, a security company, provides products in the areas of autonomous systems, cyber, space, strikes, and logistics and modernizations in the United States, the Asia Pacific, and internationally. The company operates through four segments: Aerospace Systems, Innovation Systems, Mission Systems, and Technology Services.
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