Thursday, January 26, 2017

Northrop Grumman Q4 Results Beat Estimates; But Sees FY17 Results Below View

Northrop Grumman Corp. (NOC) on Thursday reported a 14 percent increase in profit for the fourth quarter from last year on double-digit growth in sales. Both revenue and earnings per share for the quarter beat analysts' estimates. Looking ahead, the company forecast fiscal 2017 results below the Street expectations.

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