January 25, 2018 / 11:33 AM / 6 months ago

BRIEF-Northrop Grumman Corp Posts Q4 EPS Of $1.01

Jan 25 (Reuters) - Northrop Grumman Corp:

* Q4 EPS OF $1.01

* MADE $500 MILLION PRE-TAX DISCRETIONARY PENSION CONTRIBUTION IN Q4 2017

* Q4 SALES INCREASE 4 PERCENT TO $6.6 BILLION - SEC FILING

* COMPANY EXPECTS 2018 SALES OF APPROXIMATELY $27 BILLION AND 2018 EPS OF $15.00 TO $15.25

* Q4 EARNINGS PER SHARE VIEW $2.74, REVENUE VIEW $6.35 BILLION — THOMSON REUTERS I/B/E/S

* NORTHROP GRUMMAN - Q4 EPS OF $2.82, EXCLUDING TAX REFORM AND RELATED DISCRETIONARY PENSION CONTRIBUTION IMPACTS

* FY2018 EARNINGS PER SHARE VIEW $14.23, REVENUE VIEW $26.91 BILLION — THOMSON REUTERS I/B/E/S

* QTRLY AEROSPACE SYSTEMS SALES $3,005 MILLION VERSUS $2,872 MILLION

* SEES 2018 CAPITAL EXPENDITURES ABOUT $1 BILLION

* CO CURRENTLY EXPECTS ITS PREVIOUSLY ANNOUNCED ACQUISITION OF ORBITAL ATK WILL CLOSE IN THE FIRST HALF OF THIS YEAR

* HIGHER ESTIMATED CAPITAL EXPENDITURES IN 2018 REFLECT THE BENEFITS OF TAX REFORM

* NORTHROP GRUMMAN -HIGHER TAX EXPENSE FROM TAX CUTS & JOBS ACT, $500 MILLION DISCRETIONARY PRE-TAX PENSION CONTRIBUTION REDUCED Q4 NET EARNINGS BY $1.81/SHARE Source text (bit.ly/2DMhD26) Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below