Says the company has experienced delays in certain awards which resulted in a slower sales ramp in Q1 than it previously anticipated. “We expect this to improve throughout the year,” Northrop Grumman (NOC) said. Comments taken from Q1 earnings conference call.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOC:
- Morning Movers: Danaher gains and Northrop Grumman sinks after earnings
- Options Volatility and Implied Earnings Moves Today, April 22, 2025
- Northrop Grumman backs FY25 free cash flow view $2.85B-$3.25B
- Northrop Grumman reports Q1 backlog 92.8B
- Northrop Grumman reports Q1 EPS $3.32 with loss, consensus $6.26
