Northrop Grumman Q3: Profits Soar, Sales Lag

Northrop Grumman's latest earnings: A mixed bag! Sales disappoint despite a 4% jump, but profits soar past estimates. A massive $91B backlog signals strong demand, yet the stock dips. Is this a buying opportunity or a warning sign? Find out how buybacks, not business investments, are fueling earnings and what analysts predict for this defense titan's future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.