Northrop Grumman – one of the year's winners on Wall Street – reports a profit increase of 10 percent to 7.67 dollars per share for the third quarter. Analysts had on average expected 6.47 dollars per share.
The sales are lagging somewhat and the forecast for the full year is lowered to 41.7-41.9 billion dollars – compared to previously expected 42.2 billion. But the profit forecast for 2025 is raised to 25.65-26.05 dollars per share – 65 cents higher than before.
Lockheed Martin – up 4 percent since the turn of the year – raises the profit forecast for this year to 22.15-22.35 dollars per share, up from 21.70-22.00 dollars.
For the third quarter, Lockheed Martin reports a profit increase to 6.95 dollars per share, up from 6.80 dollars a year earlier. The net sales increased 8.8 percent to 18.6 billion dollars – slightly higher than expected.
