Jul. 22 at 4:04 PM
$NOC beats earnings estimates, but backlog disappoints. 📊
Northrop Grumman's Q2 adjusted EPS of
$7.11 topped the Zacks Consensus Estimate, driven by strong segment performance. Yet, the total backlog fell short of expectations, dropping to
$89.74B vs. a projected
$115.31B.
Complete risk/reward breakdown here 👉 https://www.zacks.com/stock/news/2603725/northrop-grumman-beats-on-q2-earnings-revenues-raises-25-eps-view?cid=sm-stocktwits-2-2603725-body-3111&ADID=SYND_STOCKTWITS_TWEET_2_2603725_BODY_3111