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Northrop Grumman announced earnings per share of $6.42 on revenue of $9.15B. Analysts polled by Investing.com anticipated EPS of $5.83 on revenue of $8.78B.
Northrop Grumman shares are down 20% from the beginning of the year, still down 4.99% from its 52 week high of $379.03 set on June 4. They are under-performing the STOXX 600 which is up 16.15% from the start of the year.
Northrop Grumman’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.
Honeywell had beat expectations on July 23 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
