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Mar 31, 2024
Northrop Grumman Q1 2024 Earnings Report
Northrop Grumman's Q1 2024 financial results were reported, showcasing sales and earnings growth.
Key Takeaways
Northrop Grumman reported a strong first quarter in 2024, with sales increasing by 9% to $10.1 billion and diluted earnings per share rising by 15% to $6.32. The company's performance was driven by continued strong demand and improved operating margins, leading to a reaffirmed 2024 company-level guidance.
Sales increased 9 percent to $10.1 billion.
Operating income increased 13 percent due to strong performance and cost efficiencies.
Diluted earnings per share increased 15 percent to $6.32.
$1.5 billion was returned to shareholders through dividends and share repurchases.
Revenue by Segment
Forward Guidance
The company reaffirmed its 2024 guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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