NOC

Wall Street analysts forecast that Northrop Grumman (NOC) will report quarterly earnings of $6.84 per share in its upcoming release, pointing to a year-over-year decline of 3.8%. It is anticipated that revenues will amount to $10.78 billion, exhibiting an increase of 4.1% compared to the year-ago quarter. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock. While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. In light of this perspective, let's dive into the average estimates of certain Northrop Grumman metrics that are commonly tracked and forecasted by Wall Street analysts. Analysts predict that the 'Sales- Mission Systems' will reach $3.21 billion. The estimate indicates a year-over-year change of +1.5%. Analysts forecast 'Sales- Aeronautics Systems' to reach $3.27 billion. The estimate suggests a change of +4.9% year over year. Analysts' assessment points toward 'Sales- Space Systems' reaching $2.73 billion. The estimate indicates a change of +3.2% from the prior-year quarter. The average prediction of analysts places 'Sales- Defense Systems' at $2.14 billion. The estimate indicates a year-over-year change of +7.3%. According to the collective judgment of analysts, 'Operating income (loss)- Mission Systems' should come in at $468.64 million. The estimate is in contrast to the year-ago figure of $441.00 million. It is projected by analysts that the 'Operating income (loss)- Space Systems' will reach $299.67 million. Compared to the current estimate, the company reported $280.00 million in the same quarter of the previous year. The consensus among analysts is that 'Operating income (loss)- Aeronautics Systems' will reach $307.92 million. Compared...

Northrop Grumman Corporation NOC is scheduled to release second-quarter 2026 results on July 21, before market open. The company delivered an earnings surprise of 0.99% in the last reported quarter. Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results. Northrop Grumman’s second-quarter earnings are expected to have benefited from solid demand, supported by one of the strongest backlogs in the defense industry. It offers strong visibility into near-term revenue streams. Continued geopolitical tensions, increasing U.S. and allied defense spending, and demand for advanced aircraft, missile defense, space systems, and autonomous technologies should have continued to support new contract awards and program execution during the second quarter.Management stated that it expects "high single-digit sequential sales growth" in the second quarter. This suggests that revenues should increase meaningfully from the first-quarter level, with growth expected across all four operating segments rather than being driven by a single business. Segment operating margins are expected to improve, driven by stronger operational performance, favorable production timing and a better business mix.The company’s top line is likely to have benefited from the ramp-up of major programs, particularly in missile systems, airborne radar, and strategic modernization efforts. These programs are transitioning into higher production phases, which typically boosts revenues. While the Sentinel program remains a key long-term growth driver for Northrop Grumman, it also represents the company's biggest execution risk. Following cost overruns and schedule delays, the U.S. Air Force restructured the program, and discussions with the government on revised costs, timelines, and contract terms are ongoing. If the company records additional cost growth, revises program estimates, or recognizes new charges during the second quarter, it could negatively impact operating margins and earnings. The Zacks Consensus Estimate for earnings is pegged at $6.84 per share, indicating a year-over-year decrease of 3.8%.The Zacks Consensus Estimate for revenues is pinned at $10.78 billion, implying a year-over-year improvement of 4.1%. Our proven model predicts an earnings beat for Northrop Grumman this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong...

The market expects Northrop Grumman (NOC) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on July 21, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This defense contractor is expected to post quarterly earnings of $6.84 per share in its upcoming report, which represents a year-over-year change of -3.8%. Revenues are expected to be $10.78 billion, up 4.1% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is...

Expectations for defense earnings are low. That isn’t the case for commercial aerospace earnings, though.

GE Aerospace GE is scheduled to release second-quarter 2026 results on July 16, before market open. The Zacks Consensus Estimate for quarterly earnings is currently pegged at $1.86 per share on revenues of $11.9 billion.GE’s second-quarter earnings estimates have been stable over the past 60 days. The bottom-line projection indicates an increase of 12.1% from the year-ago number. The Zacks Consensus Estimate for quarterly revenues indicates year-over-year growth of 16.8%. Image Source: Zacks Investment Research GE Aerospace has an impressive earnings surprise history. The company’s earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 13.6%. In the last reported quarter, it delivered an earnings surprise of 15.5%. Our proven model predicts an earnings beat for GE this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks before they are reported with our Earnings ESP Filter.Earnings ESP: GE Aerospace has an Earnings ESP of +2.79% as the Most Accurate Estimate is pegged at $1.91, higher than the Zacks Consensus Estimate of $1.86. Zacks Rank: GE presently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here. GE Aerospace price-eps-surprise | GE Aerospace Quote The growing installed base and the higher utilization of engine platforms across commercial and defense end markets are expected to have benefited GE Aerospace in the second quarter. Solid demand for LEAP, GEnx & GE9X engines and related services, supported by growth in air traffic, fleet renewal and expansion activities, is likely to have benefited the Commercial Engines & Services business. Also, the company’s progress under its FLIGHT DECK lean model, including supplier improvements, is expected to have driven its performance. The consensus estimate for the segment’s second-quarter revenues is pinned at $9.13 billion, indicating robust 14.2% growth on a year-over-year basis.The Defense & Propulsion Technologies business is anticipated to have performed strongly, backed by robust demand for the company’s defense products amid heightened geopolitical tensions and positive airline & airframer dynamics. The growing popularity of GE’s propulsion & additive technologies, critical air...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Northrop Grumman (NOC), which belongs to the Zacks Aerospace - Defense industry, could be a great candidate to consider. When looking at the last two reports, this defense contractor has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 2.14%, on average, in the last two quarters. For the last reported quarter, Northrop Grumman came out with earnings of $6.14 per share versus the Zacks Consensus Estimate of $6.08 per share, representing a surprise of 0.99%. For the previous quarter, the company was expected to post earnings of $7 per share and it actually produced earnings of $7.23 per share, delivering a surprise of 3.29%. For Northrop Grumman, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Northrop Grumman has an Earnings ESP of +0.22% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on July 21, 2026. When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative va...

Northrop Grumman Corporation (NOC), headquartered in Falls Church, Virginia, specializes in aerospace, defense, and security solutions for various industry applications. Valued at $71 billion by market cap, the company provides systems, products, and solutions in aerospace, electronics, information systems, and technical services to government and commercial customers worldwide. The aerospace and defense major is expected to announce its fiscal second-quarter earnings for 2026 before the market opens on Tuesday, Jul. 21. Ahead of the event, analysts expect NOC to report a profit of $6.81 per share on a diluted basis, down 4.2% from $7.11 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. Billionaire Mark Cuban Asks If AI ‘Collapses’ And Data Centers Turn Into ‘Chuck E Cheeses,’ Would That ‘Create A Revival Of Jobs?’ As Trump Doubles Down on Quantum Computing, This Is the Top-Performing Stock to Buy YTD Why Verizon, AT&T, and T-Mobile Should Be Terrified of Elon Musk’s Next Move Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For the full year, analysts expect NOC to report EPS of $27.95, up 6.1% from $26.34 in fiscal 2025. Its EPS is expected to rise 7.8% year over year to $30.12 in fiscal 2027. NOC stock has underperformed the S&P 500 Index’s ($SPX) 19.8% gains over the past 52 weeks, with shares up 1.3% during this period. Similarly, it underperformed the State Street Industrial Select Sector SPDR ETF’s (XLI) 24.7% gains over the same time frame. On Apr. 21, NOC shares fell 7% after reporting its Q1 results. Its EPS of $6.14 beat Wall Street expectations of $6.08. The company’s revenue was $9.9 billion, beating Wall Street forecasts of $9.8 billion. NOC expects full-year EPS in the range of $27.40 to $27.90, and revenue in the range of $43.5 billion to $44 billion. Investor enthusiasm for NOC cooled as the company pointed to ongoing supply chain strain and slower international sales cycles. Analysts’ consensus opinion on NOC stock is moderately bullish, with a “Moderate Buy” rating overall. Out of 22 analysts covering the stock, 12 advise a “Strong Buy” rating, one suggests a “Moderate Buy,” and nine give a “Hold.” NOC’s average analyst price target is $705.86, indicati...

FALLS CHURCH, Va., June 18, 2026 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its second quarter 2026 financial results will be released on Tuesday, July 21, 2026, prior to the market opening. The earnings announcement, and accompanying earnings presentation, will be available on the company’s website at http://investor.northropgrumman.com. Earnings Call WebcastThe company will host a live, audio only, earnings call webcast at 9:30 a.m. ET the same day. This webcast can be accessed on the company’s website at http://investor.northropgrumman.com. A replay of the webcast will be available shortly after the call and will remain available for a limited time. About Northrop GrummanNorthrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers’ toughest problems, our employees define possible every day. Contact:[email protected] Adam Barr (Investors)[email protected]

A month has gone by since the last earnings report for Northrop Grumman (NOC). Shares have lost about 6.4% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Northrop Grumman due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Northrop Grumman Corporation before we dive into how investors and analysts have reacted as of late. Northrop Grumman Q1 Earnings Surpass Estimates, Sales Increase Y/YNorthrop Grumman reported first-quarter 2026 adjusted earnings of $6.14 per share, which beat the Zacks Consensus Estimate of $6.08 by 1%. The bottom line also improved 1.3% from the year-ago quarter’s level of $6.06.The year-over-year growth can be attributed to higher revenues and lower operating costs and expenses during the quarter. NOC’s total sales of $9.88 billion in the first quarter beat the Zacks Consensus Estimate of $9.79 billion by 1%. The top line also improved 4.4% from $9.47 billion reported in the year-ago quarter. The company’s total backlog was $95.61 billion at the end of the first quarter compared with $95.68 billion at the end of fourth-quarter 2025. Aeronautics Systems: This segment’s sales of $3.28 billion rose 16.7% year over year, driven by higher sales from B-21 and other restricted programs, as well as increased volume on the E-130J TACAMO program.The unit’s operating income totaled $305 million against the operating loss of $183 million in the first quarter of 2025. Its operating profit margin also improved to 9.3% from an operating loss margin of 6.5% in the first quarter of 2025.Mission Systems: Sales in this segment increased 1.9% to $2.86 billion. This was driven by ramp-up on restricted airborne radar programs and higher volume on marine systems programs.The unit’s operating income increased 19.9% to $433 million. The operating margin expanded 220 basis points (bps) to 15.1%.Defense Systems: This segment’s sales rose 5.2% year over year to $1.90 billion. This improvement was driven by the continued ramp-up of the Sentinel program, as well as the higher volume of tactical solid rocket motor programs and the Integrated Battle Command System portfolio.The unit’s operating income improved 2.8% year over year to $184 million. The...

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how defense contractors stocks fared in Q1, starting with Northrop Grumman (NYSE:NOC). Defense contractors typically require technical expertise and government clearance. Companies in this sector can also enjoy long-term contracts with government bodies, leading to more predictable revenues. Combined, these factors create high barriers to entry and can lead to limited competition. Lately, geopolitical tensions–whether it be Russia’s invasion of Ukraine or China’s aggression towards Taiwan–highlight the need for defense spending. On the other hand, demand for these products can ebb and flow with defense budgets and even who is president, as different administrations can have vastly different ideas of how to allocate federal funds. The 13 defense contractors stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 3.4% while next quarter’s revenue guidance was 2% below. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 5.3% since the latest earnings results. Responsible for the development of the first stealth bomber, Northrop Grumman (NYSE:NOC) specializes in providing aerospace, defense, and security solutions for various industry applications. Northrop Grumman reported revenues of $9.88 billion, up 4.4% year on year. This print exceeded analysts’ expectations by 1.2%. Despite the top-line beat, it was still a mixed quarter for the company with an impressive beat of analysts’ organic revenue estimates but a miss of analysts’ adjusted operating income estimates. The stock is down 16.4% since reporting and currently trades at $549.51. Read our full report on Northrop Grumman here, it’s free. Founded in 1981, Mercury Systems (NASDAQ:MRCY) specializes in providing processing subsystems and components for primarily defense applications. Mercury Systems reported revenues of $235.8 million, up 11.5% year on year, outperforming analysts’ expectations by 14.2%. The business had an incredible quarter with a beat of analysts’ EPS and EBITDA estimates. Mercury Systems scored the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 10.9% since reporting. It currently trades at $91.98. Is now...

Rocket Lab (NASDAQ:RKLB), a launch services and space systems provider, closed Friday at $105.55, up 34.32%. The stock jumped after record Q1 revenue beat expectations and guidance pointed to another record quarter. Investors are watching how its expanding backlog converts into sustained growth and margins. Trading volume reached 76 million shares, about 247% above its three-month average of 21.9 million shares. Rocket Lab IPO'd in 2020 and has grown 983% since going public. The S&P 500 added 0.82% to finish Friday at 7,397, while the Nasdaq Composite climbed 1.71% to close at 26,247. In aerospace & defense, established rivals Lockheed Martin closed at $506.5 (-1.15%) and Northrop Grumman ended at $549.65 (-0.47%), lagging Rocket Lab’s outsize move. Rocket Lab’s 64% revenue growth smashed Wall Street’s expectations, and its narrowing EPS loss of $0.07 also snuck past analysts’ hopes. Looking ahead to Q2, management expects sales to grow by 16% sequentially, after growing 12% quarter over quarter in Q1. Perhaps the most exciting figure for investors was RKLB’s backlog growth of 108%, with 42% from its launch operations and 58% from space systems. The company also landed a $30 million deal with upstart defense tech Anduril Industries, which forms a partnership between two of the world’s most promising young defense companies. Rocket Lab also acquired space robotics specialist Motive Space Systems, potentially enabling it to play a larger role in exploration missions. Overall, shareholders should be pleased with this impressive report. Before you buy stock in Rocket Lab, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Rocket Lab wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $475,926!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,296,608!* Now, it’s worth noting Stock Advisor’s total average return is 981% — a market-crushing outperformance compared to 205% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for indi...

Archer Aviation ACHR is slated to report first-quarter 2026 results on May 11, 2026, after market close. The Zacks Consensus Estimate for the bottom line is pegged at a loss of 25 cents per share, implying a decline from the prior-year quarter’s reported loss of 13 cents. The Zacks Consensus Estimate for the top line is pegged at $1.8 million, implying an improvement. Image Source: Zacks Investment Research ACHR’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed in one, the average surprise being 13.41%. Image Source: Zacks Investment Research Our proven model does not conclusively predict an earnings beat for ACHR this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter. ACHR has an Earnings ESP of 0.00% and a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. RTX Corporation’s RTX first-quarter 2026 adjusted earnings per share of $1.78 beat the Zacks Consensus Estimate of $1.52 by 17%. The bottom line improved 21.1% from the year-ago quarter’s level of $1.47. Quarterly revenues came in at $22.08 billion, up 8.7% from $20.31 billion in the year-ago period. Sales also beat the consensus mark of $21.56 billion by 2.43%. Northrop Grumman Corporation NOC reported first-quarter 2026 adjusted earnings of $6.14 per share, which beat the Zacks Consensus Estimate of $6.08 by 1%. The bottom line also improved 1.3% from the year-ago quarter’s level of $6.06. NOC’s total sales of $9.88 billion in the first quarter beat the Zacks Consensus Estimate of $9.79 billion by 1%. The top line also improved 4.4% from $9.47 billion reported in the year-ago quarter. Archer Aviation continues to advance its electric air taxi strategy through collaborations with U.S. cities, transportation authorities and international partners to support the integration of eVTOL aircraft into commercial transportation networks. Archer Aviation has also expanded partnerships in the Middle East and continued strengthening its U.S. operational infrastructure through aviation asset development and technology testing initiatives. These developments are likely to have supported the company’s performance in the to...