Northrop Grumman Stock Plunges 7.31% Ahead of Earnings
On April 22, 2025, Northrop Grumman's stock price dropped by 7.31% in pre-market trading, signaling a significant shift in investor sentiment.
Analysts anticipate that Northrop Grumman's revenue for the first quarter will decrease by 2% year over year to $9.93 billion, marking a reversal from the 8.9% increase recorded in the previous quarter. This decline in revenue expectations could be a contributing factor to the recent drop in stock price.
Northrop Grumman is scheduled to release its first-quarter earnings results on April 22, 2025, before the market opens. The consensus estimate for earnings per share (EPS) is $6.26, which represents a slight decrease of 0.9% compared to the previous year. This earnings report will be closely watched by investors to gauge the company's performance and future prospects.
Northrop Grumman has disclosed $3.62 million in lobbying expenses for the first quarter of 2025. This significant investment in lobbying efforts may indicate the company's proactive approach to influencing policy and regulatory decisions that could impact its operations and financial performance.
