Earnings Forecast Research on Northrop Grumman Corporation (NOC)

Northrop Grumman Corporation has received $2.9 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $2.83 while the top line estimate is $3.04 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 4.69%.

Northrop Grumman Corporation reported better than expected with a surprise EPS of 6.83% or $0.17 during its most recent quarterly earnings. The Actual EPS was $2.66 compared to the Estimated EPS of $2.49. Falls Church based Northrop Grumman Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 26, 2017.

Northrop Grumman Corporation has a Price to Earnings ratio of 20.77 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 7.69. For the Most Recent Fiscal Year, Northrop Grumman Corporation has a price to cash ratio of 16.51. For the Trailing twelve month period, company showed a Net Profit Margin of 8.98% and Return on Equity of the stock is 35.74%.

In the last quarter, Northrop Grumman Corporation reported Annual Earnings of $2.66. Based on the filings, last years Annual Earnings was, $11.05. In the last Quarter, NOC reported a surprise Earnings per Share of 6.83% . The consensus estimate for current quarter is $2.9 and for the current fiscal year, the estimate is $11.83. For the Next fiscal year, the estimate is $13.28 based on the consensus.

Northrop Grumman Corporation (NYSE:NOC) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.4 points or 0.17% at $229.08 with 1,495,815 shares getting traded. Post opening the session at $227.89, the shares hit an intraday low of $226.005 and an intraday high of $229.72 and the price was in this range throughout the day. The company has a market cap of $40,105 million and the number of outstanding shares has been calculated to be 175,068,260 shares. The 52-week high of Northrop Grumman Corporation (NYSE:NOC) is $253.8 and the 52-week low is $180.1.

Northrop Grumman Corporation is a high technology company providing innovative solutions in systems integration, defense electronics and information technology for its U.S. and international military, government and commercial customers, as a prime contractor, principal subcontractor, team member or preferred supplier. (Company Press Release)


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