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Stock impact report

Northrop Grumman Corporation (NOC) Has Strong Worldwide Sales, Says Jim Cramer [Yahoo! Finance]

Northrop Grumman Corporation (NOC) 
Last northrop grumman corporation earnings: 4/29 06:39 am Check Earnings Report
US:NYSE Investor Relations: investor.northropgrumman.com
Company Research Source: Yahoo! Finance
Northrop Grumman Corporation (NYSE:NOC) is a well-known defense contractor with a presence in the aircraft and missile industries. Its shares have gained 22% year-to-date, helped in large part by an 11% jump in July. Northrop Grumman Corporation (NYSE:NOC)'s stock soared due to its second-quarter earnings report, which saw the firm raise its midpoint full-year profit-per-share forecast to $25.20 from an earlier $25.15. The firm's $10.35 billion in revenue also beat analyst estimates of $10.07 billion. In his previous remarks about Northrop Grumman Corporation (NYSE:NOC), Cramer called the firm catastrophic after its Q1 results. This time, he struck a different tone: “And Northrop Grumman, for worldwide sales. So we're seeing a lot of bifurcation in a lot of different industries.” Here's what Cramer said about Northrop Grumman Corporation (NYSE:NOC) after its Q1 results: “Finally, there's Northrop Grumman, which was the dud of the day, reporting a severe top and bottom line miss Show less Read more
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