Industrials·Aerospace & Defense·$81.7B
Northrop Grumman Corporation (NOC) is a leading aerospace and defense company that plays a crucial role in national security and technology innovation. With a market cap of $84 billion, it provides advanced systems and solutions for military and civilian customers, focusing on areas like cybersecurity, autonomous systems, and space exploration.
EPS
Earnings per share (EPS) is a key indicator of profitability and helps assess the company's financial health.
Revenue
Revenue figures provide insight into the company's sales performance and overall growth trajectory.
Wall Street expectations, options signals, track record, and call prep available with Pro.
EPS Beat Streak
4Q
EPS Beat Rate
88%
Avg EPS Surprise
+2.65%
Avg Stock Reaction
+0.03%
In Q1 2026, Northrop Grumman reported an EPS of $6.14, slightly beating expectations. The company did not provide revenue figures, but the performance indicated a positive trend in profitability.
Management Promises & Guidance
Analysts are cautiously optimistic about Northrop Grumman's upcoming earnings, expecting solid EPS and revenue figures. The consensus suggests a continuation of the positive momentum seen in previous quarters.
Bull Case
If Northrop Grumman exceeds EPS expectations and shows strong revenue growth, it could signal robust demand for its defense products, boosting investor confidence.
Bear Case
Conversely, if the company misses EPS estimates or shows signs of declining revenue, it may raise concerns about its future growth prospects and lead to a sell-off.
EPS
$6.83Earnings per share (EPS) is a key indicator of profitability and helps assess the company's financial health.
Revenue
$10.8BRevenue figures provide insight into the company's sales performance and overall growth trajectory.
The print will turn on these two things.
Q1
Will EPS exceed the consensus estimate of $6.83?
A strong EPS figure would reinforce the company's profitability and could lead to a positive market reaction.
Q2
What is the revenue outlook compared to the consensus of $10.8B?
Revenue performance is critical for assessing growth and demand for Northrop Grumman's products, influencing investor sentiment.
Why consensus could be wrong
The Street may underestimate Northrop Grumman's ability to capitalize on increased defense spending, particularly in cybersecurity and autonomous systems.
Supporting Evidence
Recent contracts suggest a stronger demand than anticipated in the defense sector.
Options pricing indicates a significant move, suggesting market uncertainty that may not align with the consensus.
The company's historical performance has shown resilience in challenging quarters.
Key Risk
If Northrop Grumman announces new contracts or partnerships that exceed expectations, it could significantly alter the current consensus outlook.
Pre-commit to what would confirm each case.
The market is weighing Northrop Grumman's ability to maintain profitability and revenue growth against potential challenges in the defense sector.
Bull Confirmed If
An EPS of $7.00 or higher, alongside revenue exceeding $10.9B, would confirm the bull case.
Bear Confirmed If
An EPS below $6.72 or revenue falling short of $10.7B would support the bear case.
Implied Move
±5%
Historical Avg
±5.1%
The options market is pricing in a potential move of around 5% in either direction following the earnings report.
Options are pricing ±5.0% while NOC has averaged ±5.1% over the last 8 prints — setup is roughly in line with history.
Likely market behavior by outcome — not investment advice.
Beat & Raise
If Northrop Grumman beats EPS and revenue estimates, history suggests the stock could rise by an average of 0.28% on the first day.
In-Line / Cautious
If results are in line with expectations but management expresses caution, the stock may react modestly, reflecting uncertainty.
Miss
A miss on earnings could lead to a decline, with historical data suggesting an average drop of around 5.82% following such outcomes.
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
No charge today · Auto-bills $8/mo after 7 days · Cancel anytime
EQUITY LIFESTYLE PPT REIT
Jul 20, 2026