Northrop Grumman Stock Plunges 8.91% Ahead of Q1 Earnings

Generado por agente de IAAinvest Movers Radar
martes, 22 de abril de 2025, 7:02 am ET1 min de lectura
NOC--

On April 22, 2025, Northrop Grumman's stock experienced a significant drop of 8.91% in pre-market trading, reflecting investor concerns and market sentiment ahead of its Q1 earnings report.

Analysts anticipate a 2% year-over-year decline in Northrop Grumman's revenue for the first quarter, contrasting with the 8.9% increase recorded in the previous year. This expected decline has contributed to the recent market volatility surrounding the company's stock.

Northrop Grumman is set to release its Q1 earnings results on April 22, 2025, before the market opens. The consensus estimate for earnings per share (EPS) is $6.26, representing a slight decrease of 0.9% compared to the previous year. This earnings report is crucial for investors as it will provide insights into the company's financial performance and future outlook.

Investors are closely monitoring Northrop Grumman's four main business segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. The company's revenue guidance for 2025 is projected to be between $42 billion and $42.5 billion, with free cash flow expected to range from $2.9 billion to $3.3 billion. These figures will be closely scrutinized in the upcoming earnings report.

In April, Goldman Sachs upgraded Northrop Grumman's stock from Sell to Neutral and raised the price target from $424 to $521. This upgrade reflects a more optimistic outlook on the company's future performance, despite the recent market volatility. Analysts expect Northrop GrummanNOC-- to report earnings of $6.26 per share on revenue of $9.94 billion for the first quarter.

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios