Investing.com - Northrop Grumman (NYSE:NOC) reported third quarter earnings that beat analyst's expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $6.54 on revenue of $8.09B. Analysts polled by Investing.com expected EPS of $4.35 on revenue of $8B. That compared to EPS of $3.42 on revenue of $6.53B in the same period a year earlier. The company had reported EPS of $3.93 on revenue of $7.12B in the previous quarter.
For the year, Northrop Grumman shares are down 1.05%, under-performing the S&P 500 which is up 2.12% year to date.
Northrop Grumman follows other major Technology sector earnings this month
On Thursday, October 18, 2018, Taiwan Semiconductor reported third quarter EPS of $0.56 on revenue of $8.4B, compared to forecasts of EPS of $0.56 on revenue of $8.38B.
SAP ADR earnings beat analyst's expectations on Thursday, October 18, 2018, with third quarter EPS of $1.31 on revenue of $6.93B. Investing.com analysts expected EPS of $1.26 on revenue of $6.95B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar