Northrop Grumman Corp. (NOC) Reports Q3 Miss; Raises FY11 EPS Guidance
Northrop Grumman Corp. (NYSE: NOC) reported Q3 adj-EPS of $1.63, 5 cents worse than the analyst estimate of $1.68. Revenue for the quarter came in at $6.61 billion versus the consensus estimate of $6.82 billion. The company's EPS from continuing operations was $1.86 but included a pension item.
Northrop Grumman Corp. sees FY2011 EPS of $6.95-$7.05, versus prior guidance of $6.75-$6.90 and the consensus of $6.87.
Northrop Grumman Corp. sees FY2011 EPS of $6.95-$7.05, versus prior guidance of $6.75-$6.90 and the consensus of $6.87.