Veytics Intelligence
2026-10-20 · Yahoo

Northrop Grumman (NOC) Stock Trades Up, Here Is Why

What Happened? Shares of security and aerospace company Northrop Grumman (NYSE:NOC) jumped 5.2% in the afternoon session after the company reported third-quarter 2026 sales growth and raised its full-year financial guidance. According to a company press release, Northrop Grumman reported third-quarter 2026 sales of $11.1 billion, up 7% year on year, and diluted earnings per share of $7.89. Diluted earnings per share was 9.6% above the consensus analyst estimate of $7.20, while sales was in line with analyst estimates of $11.15 billion. The release also revealed that the company's backlog increased to $110 billion.

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