Thursday, October 27, 2016

Northrop Grumman Corp. (NOC) Jumped To A New High After Q3 Profit Beat

Northrop Grumman Corp. (NOC) reported third quarter EPS of $3.35 Wednesday morning, up from $2.75 in the prior year. Street expectations were for EPS of $2.81. The company also increased its full year EPS forecast to between $11.55 and $11.75, from prior expectations of $10.75 to $11.00. The consensus estimate is for EPS of $11.05.

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