BUZZ-Northrop shares fall after co lowers FY sales forecast

Reuters
2025/10/21
BUZZ-Northrop shares fall after co lowers FY sales forecast 

** Northrop Grumman NOC.N shares fall nearly 2.2% to about $589.5 in premarket

** Co trims its full-year sales forecast owing to supply chain disruptions

** NOC expects 2025 sales to be between $41.7 bln and $41.9 bln, from $42.05 bln and $42.25 bln earlier

** Raises 2025 adjusted profit per share forecast to the range of $25.65 to $26.05, from $25.00 and $25.40 earlier

** Twelve of 22 brokerages rate the stock "buy" or higher and 10 "hold"; their median PT is $650, data compiled by LSEG

** As of last close, shares up 28.3% YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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