Investing.com - Northrop Grumman (NYSE:NOC) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Northrop Grumman announced earnings per share of $6.57 on revenue of $9.16B. Analysts polled by Investing.com anticipated EPS of $5.48 on revenue of $8.53B.
Northrop Grumman shares are up 11% from the beginning of the year, still down 3.78% from its 52 week high of $351.65 set on September 3, 2020. They are broadly in line with the S&P 500 which is up 11.37% 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 April 21, who reported EPS of $3.86 on revenue of $5.25B, compared to forecasts EPS of $3.07 on revenue of $4.81B.
Honeywell had beat expectations on April 23 with first quarter EPS of $1.92 on revenue of $8.45B, compared to forecast for EPS of $1.8 on revenue of $8.08B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar