Northrop Grumman Earnings, Revenue Beat in Q2

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Northrop Grumman announced earnings per share of $5.78 on revenue of $8.88B. Analysts polled by Investing.com anticipated EPS of $5.32 on revenue of $8.63B.

Northrop Grumman shares are down 8% from the beginning of the year , still down 18.11% from its 52 week high of $385.00 set on January 30. They are under-performing the S&P 500 which is up 0.86% from the start of the year.

Northrop Grumman’s report follows an earnings beat by Microsoft on July 22, who reported EPS of $1.46 on revenue of $38.03B, compared to forecasts EPS of $1.34 on revenue of $36.54B.

Taiwan Semiconductor had beat expectations on July 15 with second quarter EPS of $0.79 on revenue of $10.55B, compared to forecast for EPS of $0.72 on revenue of $10.38B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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