Northrop Grumman Set to Release Q1 Earnings, Analysts Optimistic

Northrop Grumman Corporation (NOC), valued at a market cap of $69.7 billion, is a leading global aerospace and defense technology firm. The company, based in Falls Church, Virginia, functions through four main segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. NOC is scheduled to announce its fiscal Q1 2025 earnings before market open on Tuesday, April 22.

Analyst Expectations for Upcoming Earnings

Analysts predict that NOC will report adjusted earnings of $6.33 per share, marking a slight increase from $6.32 per share in the same quarter last year. The company has consistently exceeded Wall Street’s bottom-line estimates over the last four quarters, with Q4 2024 showing an EPS that surpassed the consensus by 1.9%.

Outlook for Fiscal 2025

For fiscal 2025, the forecasted adjusted EPS for Northrop Grumman is $28.03, representing a 7.5% rise from $26.08 in fiscal 2024.

Stock Performance and Market Sentiment

NOC’s stock has risen 5.9% in the past 52 weeks, outperforming the S&P 500 Index, which has dropped 2.7%, and the Industrial Select Sector SPDR Fund, which has declined by 6.6% during the same timeframe.

Following its Q4 2024 results announced on January 30, shares of NOC experienced a slight recovery, aided by an adjusted EPS of $6.39 that exceeded estimates. This performance represented a significant rebound from the previous year’s losses. However, revenue fell short of expectations at $10.7 billion. Investor sentiment improved with the company’s promising outlook for 2025, forecasting sales between $42 billion and $42.5 billion, coupled with anticipated free cash flow ranging from $2.9 billion to $3.3 billion.

Analyst Ratings and Price Target

Analysts maintain a moderately optimistic view on NOC stock, rating it as a “Moderate Buy.” Among the 20 analysts covering the firm, there are 10 “Strong Buys,” two “Moderate Buys,” seven “Holds,” and one “Strong Sell.” The mean price target stands at $551.43, indicating a potential upside of 14.5% from current pricing levels.

On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are solely for informational purposes. For more information, please view the Barchart Disclosure Policy here.

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