FALLS CHURCH, Va. — FALLS CHURCH, Va. — Northrop Grumman Corp. (NOC) on Thursday reported second-quarter net income of $940 million.
The Falls Church, Virginia-based company said it had profit of $6.36 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.95 per share.
The defense contractor posted revenue of $10.22 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $10.07 billion.
Northrop Grumman expects full-year earnings in the range of $24.90 to $25.30 per share, with revenue in the range of $41 billion to $41.4 billion.
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