Northrop Grumman Q3 net earnings rise 9% to $1.0 billion; raises 2024 EPS guidance
Northrop Grumman reported third quarter 2024 sales of $10.0 billion, up 2% from a year earlier, and diluted earnings per share of $7.00, up 13% from $6.18. The company raised its 2024 MTM-adjusted EPS guidance by 75 cents to $25.65 to $26.05, which matters to shareholders because it signals higher expected per-share profit for the year.
Key points
- Q3 2024 diluted EPS was $7.00 versus $6.18 in Q3 2023; net earnings were $1.0 billion, up 9%
- 2024 MTM-adjusted EPS guidance raised to $25.65 to $26.05, from $24.90 to $25.30 previously
- Q3 free cash flow fell 16% to $730 million, principally due to higher net federal tax payments
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 24, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.