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Mar 31, 2021
Northrop Grumman Q1 2021 Earnings Report
Northrop Grumman's Q1 2021 financial results were reported, showing sales and EPS increases.
Key Takeaways
Northrop Grumman reported a 6% increase in sales to $9.2 billion and a significant rise in EPS to $13.43. Excluding the benefit from the IT services sale, transaction-adjusted EPS increased by 28% to $6.57. The company also raised its 2021 sales guidance to $35.3 to $35.7 billion and transaction-adjusted EPS guidance to $24.00 to $24.50.
Sales increased by 6% to $9.2 billion.
EPS increased to $13.43.
Net awards totaled $8.9 billion.
2021 sales guidance raised to $35.3 to $35.7 billion and transaction-adjusted EPS guidance raised to $24.00 to $24.50.
Northrop Grumman
Northrop Grumman
Northrop Grumman Revenue by Segment
Forward Guidance
The company raised its 2021 sales guidance to $35.3 to $35.7 billion and transaction-adjusted EPS guidance to $24.00 to $24.50.
Revenue & Expenses
Visualization of income flow from segment revenue to net income