Northrop Grumman (NOC) Tops Q2 EPS by 39c; Boosts FY15 EPS OUtlook

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Go back to Northrop Grumman (NOC) Tops Q2 EPS by 39c; Boosts FY15 EPS OUtlook

Northrop Grumman Reports Second Quarter 2015 Financial Results

July 29, 2015 7:00 AM EDT

FALLS CHURCH, Va., July 29, 2015 /PRNewswire/ -- Northrop Grumman Corporation (NYSE: NOC) reported second quarter 2015 net earnings increased 4 percent to $531 million, or $2.74 per diluted share, from $511 million, or $2.37 per diluted share in the second quarter of 2014. This quarter's results include a $38 million, or $0.20 per share, net tax benefit for additional research credits. Second quarter 2015 diluted earnings per share are based on 193.7 million weighted average shares outstanding compared with 215.2 million shares in the prior year period. The company repurchased 6.8 million... More