Why Northrop Grumman's Stock Is Trading Lower Today

Northrop Grumman Corporation NOC shares are trading lower on Wednesday, after the company reported worse-than-expected first-quarter EPS results.

Northrop Grumman reported quarterly earnings of $5.15 per share, which missed the analyst consensus estimate of $5.51. The company reported quarterly sales of $8.6 billion, which beat the analyst consensus estimate of $8.54 billion.

Northrop Grumman Corporation is a U.S. global aerospace and defense technology company.

Northrop Grumman shares were trading down 4.30% at $329.70 at time of publication on Wednesday. The stock has a 52-week high of $385 and a 52-week low of $263.31.