Northrop Grumman Corp. Profit Retreats 13% In Q4

(RTTNews) - Northrop Grumman Corp. (NOC) revealed earnings for fourth quarter that fell compared to the same period last year.

The company said its bottom line declined to $602 million, or $2.18 per share. This was down from $693 million, or $2.26 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 6.9% to $5.69 billion. This was down from $6.11 billion last year.

Northrop Grumman Corp. earnings at a glance:

-Earnings (Q4): $602 Mln. vs. $693 Mln. last year. -Earnings Decline (Y-o-Y): -13.1% -EPS (Q4): $2.18 vs. $2.26 last year. -EPS Decline (Y-o-Y): -3.5% -Revenue (Q4): $5.69 Bln vs. $6.11 Bln last year. -Revenue Change (Y-o-Y): -6.9%