Northrop Grumman Earnings, Revenue beat in Q4

© Reuters. Northrop Grumman Earnings, Revenue beat in Q4 – Northrop Grumman (NYSE:) reported on Thursday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.

Northrop Grumman announced earnings per share of $6.59 on revenue of $10.21B. Analysts polled by anticipated EPS of $5.76 on revenue of $9.26B.

Northrop Grumman shares are down 4% from the beginning of the year and are trading at $292.24 , down-from-52-week-high.They are under-performing the S&P 500 which is down 0.14% from the start of the year.

Northrop Grumman follows other major Capital Goods sector earnings this month

Northrop Grumman’s report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.

Boeing had missed expectations on Wednesday with fourth quarter EPS of $-15.25 on revenue of $15.3B, compared to forecast for EPS of $-1.6 on revenue of $15.03B.

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