Northrop Grumman Aktie

Northrop Grumman für 0 Euro bei ZERO ordern (zzgl. Spreads)

WKN: 851915 / ISIN: US6668071029

<
News + Analysen
News + Adhoc
Analysen
Kursziele
>
<
Unternehmen
Termine
Profil
>
<
zugeh. Wertpapiere
Zertifikate
Optionsscheine
Knock-Outs
>
29.07.2015 15:35:55

Northrop Grumman Boosts FY EPS Outlook After Q2 Profit Rises

(RTTNews) - Defense contractor Northrop Grumman Corp. (NOC) Wednesday said its profit for the second quarter increased from the previous year, even as revenues dropped. Further, the company boosted its earnings forecast for the year, while keeping the revenue projection intact.

Net earnings increased to $531 million or $2.74 per share from $511 million or $2.37 per share in the second quarter of 2014. The latest results included a $0.20 per share net tax benefit for additional research credits.

Pension-adjusted earnings per share grew to $2.47 from $2.04 last year.

On average, 17 analysts polled by Thomson Reuters expected the company to report earnings of $2.36 per share for the quarter. Analysts' estimates typically exclude special items.

Total sales dropped to $5.896 billion from $6.039 billion last year. Wall Street expected revenues of $5.93 billion for the quarter.

Aerospace Systems' sales edged up from the prior year period to $2.512 billion, due to higher volume for unmanned and space programs.

In Electronic Systems, sales decreased 3 percent to $1.68 billion, primarily because of lower volume for land and self-protection systems and airborne tactical sensor programs.

Information Systems reported sales of $1.485 billion, down 5 percent from last year, amid declines in command and control programs, the impact of in-theater force reductions, and completion of the Ground Combat Vehicle program.

Revenues decreased 2 percent in Technical Services to $720 million, principally due to lower volume for the ICBM program and completion of the Combined Tactical Training Range program.

The company raised its fiscal 2015 earnings per share outlook to a range of $9.55 to $9.70 from the prior estimate of $9.40 to $9.60.

The company still expects sales to be between $23.40 billion and $23.80 billion for 2015.

Wall Street currently is looking for fiscal year 2015 earnings of $9.62 per share on annual revenues of $23.76 billion.

NOC closed up 0.5 percent on Tuesday at $163.34.

Analysen zu Northrop Grumman Corp.mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Northrop Grumman Corp. 415,20 2,06% Northrop Grumman Corp.