Northrop Grumman Raises 2021 Sales, Adjusted EPS Guidance
April 29 2021 - 7:23AM
Dow Jones News
By Dave Sebastian
Northrop Grumman Corp. said it raised its 2021 sales and
transaction-adjusted earnings guidance after it reported higher
first-quarter profit and sales.
The Falls Church, Va.-based weapons company on Thursday said it
sees sales of $35.3 billion to $35.7 billion, compared with its
prior outlook of $35.1 billion to $35.5 billion.
The company expects per-share earnings, adjusted for the effects
of the divestiture of its information-technology services business,
of $24 to $24.50. It previously expected transaction-adjusted
earnings of $23.15 a share to $23.65 a share.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
April 29, 2021 07:08 ET (11:08 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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