NOCNorthrop Grumman Corporation
- Next report
- No date yet
- none in the next 8 weeks
- Last result
- $7.89Beat
- vs $7.22 expected on Oct 20
- Stock move on it
- +4.57%
- one session
- Typical move
- ±3.4%
- average over 2 reports
- Price
- $549.22
- −0.32% today · $76.0B cap
Past and upcoming reports
2
| Oct 20, 2026 | Sep 30, 2026 | Time not given | $7.22 | Beat$7.89 | +4.57% |
| Jul 21, 2026 | Jun 30, 2026 | Time not given | $6.81 | Beat$7.68 | −2.23% |
After the report
Jul 21, 2026 report
This covers the Jul 21, 2026 report. The Oct 20, 2026 numbers are in the table above.
NOC beats Q2 EPS by 12.6%, raises full-year guidance
Northrop Grumman reported Q2 EPS of $7.68, beating the $6.82 consensus by 12.65%. The company raised its full-year guidance, reinforcing its record backlog and positioning as an undervalued defense play. The stock rose 1.64% on the day, still 42% below the average analyst target of $639.69.
Reported against expected
BeatBeat: reported EPS $7.68 vs estimated $6.82, a +12.65% surprise.
Guidance
RaisedRaised full-year guidance, citing strong demand and record backlog.
How the stock reacted
Stock closed at $542.24 on July 24, up 1.64% from prior close. no event-day data available.
What changed
EPS beat by 12.6%, guidance raised, backlog at record.
What the price now assumes
Stock up 1.6% post-print, still 42% below target, pricing in gradual recovery.
What it means for the business
Upgrade bias. watch backlog conversion and margin trajectory for confirmation.
The next one to three months, as we saw it then
Better case35%
Guidance raise sustains, defense budget tailwinds accelerate, backlog converts to revenue, driving EPS growth above 7.4% forecast.
Base case45%
Steady execution, EPS in line with raised guidance, stock grinds toward $600 as valuation re-rates.
Worse case20%
Macro headwinds, budget sequestration risk, or insider selling pressure push stock back toward $500 support.
If you hold it
Hold unless next-quarter revenue misses guidance materially or customer concentration risk worsens.
If you are watching
Add only if next-quarter guidance is reiterated or raised. avoid if guidance is cut or geopolitical risk escalates.
Scenario odds are a judgement, not measured.