Northrop Grumman beats by $0.11, beats on revs; raises FY16 guidance :
- Reports Q3 (Sep) earnings of $2.92 per share, excluding a federal tax benefit of $0.23 per diluted share & a pre-tax benefit of $0.20 per diluted share for two unallocated corporate items, $0.11 better than the Capital IQ Consensus of $2.81; revenues rose 2.9% year/year to $6.16 bln vs the $6 bln Capital IQ Consensus.
- Co raises EPS guidance for FY16, sees EPS of $11.55-11.75 (prior $10.75-11.00), excluding non-recurring items, vs. $11.05 Capital IQ Consensus Estimate; sees revs between $23.9-24.1 bln (prior $23.5-24 bln) vs. $23.78 bln Capital IQ Consensus.
No comments:
Post a Comment