Northrop Grumman (NOC) Earnings Preview For Upcoming Quarterly Earnings Release Date

Northrop Grumman Corporation (NYSE:NOC) is expected to report last fiscal quarter's results before the opening bell on February 01, 2012. We can review how Northrop Grumman has performed recently.
 

Northrop Grumman Corporation provides products, services, and solutions in aerospace, electronics, information systems, and technical service sectors to government and commercial customers worldwide. The company was founded in 1939 and is based in Falls Church, Virginia.

52 Week High: $72.50
52 Week Low:  $49.20
Book Value:    $45.01
Float Short:    &nbsp&nbsp4.62%

On average, 17 analysts are expecting a drop of $-0.18 in earnings per share compared to last quarter's results of $1.86. A beat of $1.68 per share , will top the estimated mean earnings. Analyst estimates range between $1.6 and $1.77 per share.

The current trailing twelve months P/E ratio is 10.1. The forward P/E ratio is 8.7.
In the last month, the stock has increased in price 0.39%, and -6.51% from one year ago.

For the same fiscal period year-over-year, revenue has improved to $34.76 billion for 2010 vs. $33.76 billion for 2009. The bottom line has rising earnings year-over-year of $2.05 billion for 2010 vs. $1.69 billion for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $3.07 billion for 2010 vs. $2.48 billion for 2009. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure that the bottom line is keeping up with the top line.

Here is a look at the fiscal year revenue.

Here is the last few quarters to get an idea how well they perform compared to estimates

Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for NOC

The number of days to cover short interest based on average daily trading volume for NOC

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I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

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