Northrop Grumman Corp. Q1 Earnings Climb 15%

(RTTNews) - Northrop Grumman Corp. (NOC) released a profit for its first quarter that advanced from last year.

The company said its bottom line came in at $556 million, or $3.03 per share. This was higher than $484 million, or $2.41 per share, in last year's first quarter.

Analysts had expected the company to earn $2.49 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue came in at $5.96 billion, equal to the mark posted in the same period last year.

Northrop Grumman Corp. earnings at a glance:

-Earnings (Q1): $556 Mln. vs. $484 Mln. last year. -Earnings Growth (Y-o-Y): 14.9% -EPS (Q1): $3.03 vs. $2.41 last year. -EPS Growth (Y-o-Y): 25.7% -Analysts Estimate: $2.49 -Revenue (Q1): $5.96 Bln vs. $5.96 Bln last year. -Revenue Change (Y-o-Y): 0%

-Guidance: Full year EPS guidance: $10.40 - $10.70 Full year revenue guidance: $23.50 - $24.0 Bln