Northrop Grumman reported first quarter 2022 sales of $8.8 billion, a decrease compared to $9.2 billion in the first quarter of 2021. Net earnings totaled $955 million, or $6.10 per diluted share, compared to $2.2 billion, or $13.43 per diluted share, in the first quarter of 2021. The company's performance was in line with expectations, and recent global geopolitical events underscore the relevance of their capabilities.
Sales of $8.8 billion; Organic Sales Decrease 2 Percent
Operating Margin Rate of 10.2 Percent, Segment Operating Margin Rate of 11.8 Percent
Diluted Earnings per Share of $6.10
2022 Company-Level Guidance Unchanged
The company’s 2022 financial guidance and outlook beyond 2022 reflect what the company currently anticipates will be the impacts on the company from the global COVID-19 pandemic.
Visualization of income flow from segment revenue to net income