Northrop Grumman Corp
NOC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >g< | LOCK|gPq | LOCK|>M%xl#mn |
Northrop Grumman Earnings: Strong Results in Key Programs Boost Investor Confidence
Northrop Grumman's second-quarter sales grew 1% to $10.35 billion, while segment operating profit grew 10.7% to $1.2 billion and segment margin increased a full percentage point to 11.8% year over year. The shares bounced nearly 10% on July 22, narrowing their discount to our fair value estimate.
