Will Northrop Grumman (NOC) Beat Estimates Again in Its Next Earnings Report?

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Northrop Grumman (NOC), which belongs to the Zacks Aerospace - Defense industry. This defense contractor has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 6.63%. For the last reported quarter, Northrop Grumman came out with earnings of $7.68 per share versus the Zacks Consensus Estimate of $6.84 per share, representing a surprise of 12.28%. For the previous quarter, the company was expected to post earnings of $6.08 per share and it actually produced earnings of $6.