Form 8-K NORTHROP GRUMMAN CORP For: Jan 30

Go back to Form 8-K NORTHROP GRUMMAN CORP For: Jan 30

Goldman Sachs Double Downgrades Northrop Grumman (NOC) to Sell

February 3, 2020 5:54 AM EST

Goldman Sachs analyst Noah Poponak downgraded Northrop Grumman (NYSE: NOC) from Buy to Sell with a price target of $337.00.

The analyst comments "We downgrade Northrop Grumman (NOC) to Sell from Buy. In the medium-term, organic revenue growth is slower than the industry,... More

Northrop Grumman (NOC) Tops Q4 EPS by 84c, Offers FY Guidance

January 30, 2020 6:37 AM EST

Northrop Grumman (NYSE: NOC) reported Q4 EPS of $5.61, $0.84 better than the analyst estimate of $4.77. Revenue for the quarter came in at $8.7 billion versus the consensus estimate of $8.85 billion.

GUIDANCE:

Northrop Grumman sees FY2020 EPS of $22.75-$23.15, versus the consensus of $23.10.... More