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Falls Church, Virginia-based Northrop Grumman Corporation (NOC) operates as an aerospace and defense technology company in the United States and internationally. With a market cap of $72 billion, the company provides products, systems, and solutions in autonomous systems, cyber, command, control, communications, and computers, intelligence, and more.
The aerospace company is poised to report its fiscal 2025 Q2 earnings before the market opens on Tuesday, July 22. Ahead of this event, analysts expect the company to report a profit of $6.73 per share, up 5.8% from $6.36 per share in the year-ago quarter. The company has matched the Street’s bottom-line projections in three of the past four quarters, while missing on one occasion.
For fiscal 2025, analysts expect NOC to report a profit of $27.96, up 7.2% from $26.08 in fiscal 2024. Furthermore, its EPS is expected to grow 2% year over year to $28.52 in fiscal 2026.
NOC stock has surged 15.8% over the past 52 weeks, underperforming the Industrial Select Sector SPDR Fund’s (XLI) 22.8% surge but outperforming the S&P 500 Index’s ($SPX) 13.2% uptick during the same time frame.
NOC stock plummeted 12.7% following the release of its Q1 2025 earnings on Apr. 22. The aerospace and defense company announced a revenue of $9.5 billion, falling short of the consensus, mainly caused by weak performance in its Space Systems segment and the Aeronautics Systems segment. Moreover, its adjusted EPS came in at $6.06, falling short of the consensus estimate by 2.4%. Looking ahead, the company expects its full-year earnings guidance to be between $24.95 per share and $25.35 per share.
Wall Street analysts are moderately optimistic about NOC’s stock, with a "Moderate Buy" rating overall. Among 20 analysts covering the stock, 11 recommend "Strong Buy," one suggests “Moderate Buy,” and eight advise “Hold.” NOC’s average analyst price target of $542.71 indicates a potential upside of 7.8% from the current levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
