The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Northrop Grumman's revenues will wane -2.7% and EPS will wither -16.3%.
The average estimate for revenue is $6.33 billion. On the bottom line, the average EPS estimate is $1.75.
Last quarter, Northrop Grumman recorded revenue of $6.27 billion. GAAP reported sales were 5.2% lower than the prior-year quarter's $6.61 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.82. GAAP EPS of $1.82 for Q3 were 2.2% lower than the prior-year quarter's $1.86 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 20.9%, 50 basis points worse than the prior-year quarter. Operating margin was 11.7%, 80 basis points worse than the prior-year quarter. Net margin was 7.3%, 60 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $25.07 billion. The average EPS estimate is $7.39.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 792 members out of 857 rating the stock outperform, and 65 members rating it underperform. Among 261 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 249 give Northrop Grumman a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Northrop Grumman is hold, with an average price target of $63.47.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.