NOC - Northrop Grumman Reaffirms 2024 Guidance Post Double-Digit Earnings Growth In Q1: Details | Benzinga
Northrop Grumman Corp (NYSE:NOC) reported first-quarter fiscal 2024 sales growth of 9% year-over-year to $10.133 billion, beating the consensus of $9.771 billion.
First-quarter EPS was $6.32 compared to $5.50 a year ago, beating the consensus of $5.74.
“Robust global defense spending and our strong backlog, along with expanding margins, continue to support our multi-year outlook for free cash flow growth,” commented Kathy Warden, chair, chief executive officer, and president.
Sales by segments: Aeronautics Systems $2.97 billion (+18% Y/Y), Defense Systems $1.41 billion ...