Northrop Grumman Corp. (NOC) increased the company's fiscal 2019 MTM-adjusted earnings per share guidance to a range of $20.10 to $20.35 from prior guidance range of $19.30 to $19.55. The company's sales guidance remains unchanged at $34 billion. Analysts polled by Thomson Reuters expect the company to report profit per share of $19.77 on revenue of $34.04 billion. Analysts' estimates typically exclude special items. For 2019, the company updated its free cash flow guidance to $2.7 billion to $3.0 billion.
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