Northrop Grumman posts Q3 2026 earnings beat and lifts full‑year profit outlook

Northrop Grumman reported third‑quarter 2026 GAAP earnings of $7.89 per share, beating analysts’ estimates. Revenue rose 7% year‑over‑year to $11.12 billion. The company raised its FY‑2026 EPS guidance to a range of $29.35‑$29.75 and highlighted a record backlog of about $110 billion. Management also noted a book‑to‑bill ratio of roughly 1.5x.

The higher EPS outlook, announced in the earnings release, expands the expected 2026 profit range for investors (see). The raised guidance may support a higher valuation for the stock and could influence analyst target prices.

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