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Northrop Grumman announced earnings per share of $6.1 on revenue of $8.8B. Analysts polled by Investing.com anticipated EPS of $5.96 on revenue of $8.89B.
Northrop Grumman shares are up 13% from the beginning of the year, still down 10.40% from its 52 week high of $490.82 set on March 7. They are outperforming the S&P 500 which is down 12.22% from the start of the year.
Northrop Grumman’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.05 on revenue of $24.38B, compared to forecasts EPS of $2.89 on revenue of $23.82B.
Union Pacific had beat expectations on April 21 with first quarter EPS of $2.57 on revenue of $5.86B, compared to forecast for EPS of $2.56 on revenue of $5.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
