Northrop Grumman (NOC) Good points However Lags Market: What You Ought to Know

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Northrop Grumman (NOC) Good points However Lags Market: What You Ought to Know

In the newest buying and selling session, Northrop Grumman (NOC) closed at $344.91, marking a +0.15


In the newest buying and selling session, Northrop Grumman (NOC) closed at $344.91, marking a +0.15% transfer from the day prior to this. This transfer lagged the S&P 500’s every day achieve of 0.91%. In the meantime, the Dow gained 1.22%, and the Nasdaq, a tech-heavy index, added 1%.

Heading into right now, shares of the protection contractor had gained 0.29% over the previous month, lagging the Aerospace sector’s achieve of 0.88% and the S&P 500’s achieve of 1.65% in that point.

Wall Avenue will probably be in search of positivity from NOC because it approaches its subsequent earnings report date. In that report, analysts anticipate NOC to submit earnings of $4.78 per share. This might mark a year-over-year decline of three.04%. In the meantime, our newest consensus estimate is looking for income of $8.83 billion, up 8.24% from the prior-year quarter.

Wanting on the full yr, our Zacks Consensus Estimates counsel analysts predict earnings of $20.38 per share and income of $33.97 billion. These totals would mark modifications of -4.45% and +12.88%, respectively, from final yr.



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