NOC - Northrop Grumman Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, Apr 9, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    Northrop Grumman Corporation is an American global aerospace and defense technology company formed by Northrop's 1994 purchase of Grumman. The company was the fifth-largest defense contractor in the world as of 2015. Northrop Grumman employs over 68,000 people worldwide. It reported revenues of $25.218 billion in 2012. Northrop Grumman ranks No. 72 on the 2011 Fortune 500 list of America's largest corporations and ranks in the top ten military-friendly employers. It is headquartered in West Falls Church, Virginia.
     
  2. Stockaholic

    Stockaholic Content Manager

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    Northrop Grumman beats Street 3Q forecasts
    FALLS CHURCH, Va. (AP) _ Northrop Grumman Corp. (NOC) on Wednesday reported third-quarter net income of $602 million.

    The Falls Church, Virginia-based company said it had profit of $3.35 per share. Earnings, adjusted for non-recurring gains, were $3.02 per share.

    The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.81 per share.

    The defense contractor posted revenue of $6.16 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $5.98 billion.

    Northrop Grumman expects full-year earnings to be $11.55 to $11.75 per share, with revenue in the range of $23.9 billion to $24.1 billion.

    Northrop Grumman shares have increased 16 percent since the beginning of the year, while the Standard & Poor's 500 index has risen almost 5 percent. The stock has increased 22 percent in the last 12 months.
     
  3. T0rm3nted

    T0rm3nted Moderator
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  4. T0rm3nted

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  5. United Physicists

    United Physicists New Member

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    I'm new to the board but recently did a review on this stock:

    This video is for a broad audience so it hits the high points and attempts to give a feel for the company. I'd like to make more of these videos and share them, so if you have any suggestions I'd like to hear them. Also, what are your thoughts on this assement?
     
    Jrich likes this.
  6. Smokie

    Smokie Well-Known Member

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    And NOC is up +11% today.
     

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