Why Northrop Grumman Stock Is Plummeting Today

From Yahoo Finance: 2025-04-22 12:46:00

Northrop Grumman’s stock takes a hit with a significant 11.4% drop following lower-than-expected Q1 results, missing both sales and earnings targets. The company also reduced its full-year performance outlook, causing investor concern. Despite a 4% increase in defense systems sales, the aeronautics and space segments experienced sales declines of 8% and 18%, respectively. Management maintained full-year sales guidance but lowered EPS projections, leading to uncertainty and reevaluation among investors. Northrop Grumman’s recent underperformance challenges its previous status as a promising space industry investment.



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