Northrop Grumman Corp. Announces Rise In Q3 Profit, Beats estimates

(RTTNews) - Northrop Grumman Corp. (NOC) reported a profit for its third quarter that rose from last year.

The company's bottom line totaled $1.06 billion, or $6.63 per share. This compares with $0.99 billion, or $5.89 per share, in last year's third quarter.

Analysts had expected the company to earn $5.99 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.0% to $8.72 billion from $9.08 billion last year.

Northrop Grumman Corp. earnings at a glance:

-Earnings (Q3): $1.06 Bln. vs. $0.99 Bln. last year. -EPS (Q3): $6.63 vs. $5.89 last year. -Analysts Estimate: $5.99 -Revenue (Q3): $8.72 Bln vs. $9.08 Bln last year.

-Guidance: Full year EPS guidance: $25.20 to $25.60 Full year revenue guidance: 36,000 Mln