Northrop Grumman (NYSE:NOC) is set to report earnings, with analysts predicting a 1.6% decline in revenue to $10.05 billion and adjusted earnings of $6.84 per share. The company missed revenue expectations last quarter and has seen downward revisions in revenue estimates. Peers in the aerospace and defense sector have reported mixed results, with AAR showing revenue growth of 14.9% and Byrna up 40.6%. Share prices in the sector have risen 6.5% on average in the last month. Northrop Grumman is up 3.9% and has an average analyst price target of $553.19.

Investors are monitoring Northrop Grumman’s earnings, as the company missed revenue expectations last quarter and has seen downward revisions in revenue estimates. Peers in the aerospace and defense sector have reported mixed results, with AAR showing revenue growth of 14.9% and Byrna up 40.6%. Share prices in the sector have risen 6.5% on average in the last month. Northrop Grumman is up 3.9% and has an average analyst price target of $553.19.

Read more at Barchart: What To Look For From NOC