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Low Expenses and Tax Rates Drive EPS Beat for Northrop Grumman (NOC); RBC Capital Raises Price Target to $206
October 29, 2015 7:23 AM EDTRBC Capital reiterated an Outperform rating on Northrop Grumman (NYSE: NOC), and raised the price target to $206.00 (from $189.00), following the company's 3Q15 earnings results. Northrop Grumman reported 3Q15 EPS of $2.75, well ahead of consensus at $2.19. Guidance was only modestly increased, with EPS going from... More
Northrop Grumman (NOC) Tops Q3 EPS by 56c
October 28, 2015 6:16 AM EDTNorthrop Grumman (NYSE: NOC) reported Q3 EPS of $2.75, $0.56 better than the analyst estimate of $2.19. Revenue for the quarter came in at $5.98 billion versus the consensus estimate of $5.86 billion.
Northrop Grumman sees FY2015 EPS of $9.70-$9.80, versus the consensus of $9.74.
For earnings history and... More
