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@levelfieldsai

Stealth Bomber Maker, Northrop, just Posted a Massive Earnings Beat! #northropgrumman
Stealth Bomber Maker, Northrop, just Posted a Massive Earnings Beat! #northropgrumman
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Oct 242024
Stealth bomber maker Northrop Grumman reported a strong earnings beat for Q3 2024, with a 13% rise in earnings per share to $7.00, surpassing expectations. The company earned $10 billion in revenue, driven by demand in aeronautics and defense, pushing net earnings up 9% to $1 billion. Operating margins also improved to 11.2%, while a record $85 billion backlog reflects future demand. Northrop’s B-2 stealth bombers were recently used in secret operations, including strikes in Yemen. #earningsreport #stealthbomber Subscribe for more news updates! ‪@levelfieldsai‬