India, Oct. 20 -- Aerospace and defense technology company Northrop Grumman Corp. (NOC) on Tuesday reported higher third-quarter earnings with sales growth on increased demand. Further, the firm raised fiscal 2026 outlook for MTM-adjusted earnings per share, while confirming sales view.
In pre-market activity on thew NYSE, the shares were trading 3.9 percent higher at $530.20.
Looking ahead for fiscal 2026, the company now expects MTM-adjusted earnings per share in a range of $29.35 - $29.75, compared to previous outlook of $28.60 - $29.10.
Segment operating income is now expected to be $4.940 billion to $5.040 billion, compared to $4.850 billion to $5.00 billion expected earlier.
Sales are still expected in a range of $43.75 billion to...