Investing.com - Northrop Grumman (NYSE:NOC) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Northrop Grumman announced earnings per share of $6.63 on revenue of $8.72B. Analysts polled by Investing.com anticipated EPS of $5.99 on revenue of $8.93B.
Northrop Grumman shares are up 7% from the beginning of the year, still down 4.87% from its 52 week high of $408.03 set on October 25. They are under-performing the Dow Jones which is up 15.96% from the start of the year.
Northrop Grumman follows other major Capital Goods sector earnings this month
Northrop Grumman's report follows an earnings beat by ASML ADR on October 20, who reported EPS of $4.97 on revenue of $6.1B, compared to forecasts EPS of $4.61 on revenue of $6.19B.
Honeywell had beat expectations on October 22 with third quarter EPS of $2.02 on revenue of $8.47B, compared to forecast for EPS of $1.99 on revenue of $8.66B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar