NYSE$NOC
Northrop Grumman Corp · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Northrop Grumman's Q1 2021 financial results were reported, showing sales and EPS increases.
Northrop Grumman reported a 6% increase in sales to $9.2 billion and a significant rise in EPS to $13.43. Excluding the benefit from the IT services sale, transaction-adjusted EPS increased by 28% to $6.57. The company also raised its 2021 sales guidance to $35.3 to $35.7 billion and transaction-adjusted EPS guidance to $24.00 to $24.50.
- Sales increased by 6% to $9.2 billion.
- EPS increased to $13.43.
- Net awards totaled $8.9 billion.
- 2021 sales guidance raised to $35.3 to $35.7 billion and transaction-adjusted EPS guidance raised to $24.00 to $24.50.
Headline financials
Revenue & EPS history
Northrop Grumman · Revenue · Quarterly
$9.16B
Revenue by segment
Northrop Grumman · $9.66B total across 4 segments · Q1 2021
- Aeronautics Systems$2.99B+5.2%30.9%
- Mission Systems$2.59B+10.3%26.8%
- Space Systems$2.52B+29.4%26.1%
- Defense Systems$1.56B-17.0%16.2%
Forward guidance
The company raised its 2021 sales guidance to $35.3 to $35.7 billion and transaction-adjusted EPS guidance to $24.00 to $24.50.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.2%
Avg return
Earnings day
-0.9%
Avg return
5 days after
+0.3%
Avg return
30 days after
59%
43 / 73 earnings
Positive
+9.5%
Q2 2019
Best reaction
-12.7%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.0% | -12.5% | -16.4% | |
| Q4 2025 | +2.7% | +4.7% | +7.6% | |
| Q3 2025 | -0.4% | +0.6% | -5.8% | |
| Q2 2025 | +0.3% | +0.7% | -1.1% | |
| Q1 2025 | -12.7% | -10.9% | -11.0% | |
| Q4 2024 | +0.4% | +0.2% | -4.1% | |
| Q3 2024 | +0.6% | -2.4% | -3.8% | |
| Q2 2024 | +8.6% | +10.1% | +15.2% | |
| Q1 2024 | +1.2% | +2.2% | -1.7% | |
| Q4 2023 | -5.6% | -4.4% | -0.6% | |
| Q3 2023 | -2.1% | -2.4% | -2.4% | |
| Q2 2023 | -1.6% | -2.0% | -6.0% | |
| Q1 2023 | +2.7% | -0.1% | -2.4% | |
| Q4 2022 | -5.5% | -3.3% | +1.6% | |
| Q3 2022 | +3.2% | +0.9% | -0.6% | |
| Q2 2022 | +7.4% | +7.9% | +8.8% | |
| Q1 2022 | -0.1% | +2.6% | +7.0% | |
| Q4 2021 | -5.7% | -8.1% | +1.6% | |
| Q3 2021 | -8.0% | -9.0% | -8.8% | |
| Q2 2021 | +0.8% | +1.2% | +1.3% | |
| Q1 2021 | +4.7% | +8.8% | +8.1% | |
| Q4 2020 | -1.9% | +2.7% | -0.2% | |
| Q3 2020 | +0.0% | -2.0% | -0.6% | |
| Q2 2020 | +3.1% | +3.1% | +9.4% | |
| Q1 2020 | -4.0% | -6.4% | -2.7% | |
| Q4 2019 | -2.1% | -5.4% | -14.1% | |
| Q3 2019 | -2.3% | -1.7% | -1.1% | |
| Q2 2019 | +9.5% | +9.7% | +11.6% | |
| Q1 2019 | -4.6% | -2.3% | +6.7% | |
| Q4 2018 | -2.8% | -0.8% | +2.2% | |
| Q3 2018 | -11.2% | -15.7% | -12.3% | |
| Q2 2018 | -6.6% | -6.7% | -5.7% | |
| Q1 2018 | -2.2% | -5.7% | -2.8% | |
| Q4 2017 | +7.1% | +8.3% | +12.1% | |
| Q3 2017 | +1.3% | +0.8% | +3.0% | |
| Q2 2017 | -1.2% | -0.3% | +2.0% | |
| Q1 2017 | +0.1% | -1.5% | +3.6% | |
| Q4 2016 | -0.4% | -0.8% | +6.2% | |
| Q3 2016 | +2.7% | +4.3% | +13.2% | |
| Q2 2016 | -0.5% | -0.8% | -2.9% | |
| Q1 2016 | +1.0% | — | — | |
| Q4 2015 | +3.9% | — | — | |
| Q3 2015 | +5.2% | — | — | |
| Q2 2015 | +7.4% | — | — | |
| Q1 2015 | -4.0% | — | — | |
| Q4 2014 | +3.1% | — | — | |
| Q3 2014 | +2.4% | — | — | |
| Q2 2014 | +1.1% | — | — | |
| Q1 2014 | -0.5% | — | — | |
| Q4 2013 | +3.1% | — | — | |
| Q3 2013 | +5.9% | — | — | |
| Q2 2013 | +1.9% | — | — | |
| Q1 2013 | +4.2% | — | — | |
| Q4 2012 | -2.6% | — | — | |
| Q3 2012 | -0.9% | — | — | |
| Q2 2012 | +1.0% | — | — | |
| Q1 2012 | +1.1% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q3 2011 | +1.9% | — | — | |
| Q4 2010 | +1.9% | — | — | |
| Q2 2011 | -7.2% | — | — | |
| Q1 2011 | +1.2% | — | — | |
| Q3 2010 | +1.4% | — | — | |
| Q2 2010 | +0.4% | — | — | |
| Q1 2009 | +3.3% | — | — | |
| Q1 2010 | +0.8% | — | — | |
| Q4 2007 | +1.0% | — | — | |
| Q4 2009 | +1.0% | — | — | |
| Q3 2008 | +0.4% | — | — | |
| Q3 2009 | +0.4% | — | — | |
| Q2 2009 | -6.9% | — | — | |
| Q2 2008 | -6.9% | — | — | |
| Q4 2008 | -6.9% | — | — |
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