Northrop Grumman blows past estimates for second quarter, raises guidance. Good news for QHL.

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Thu, July 29, 2021, 6:20 PM
Northrop Grumman blows past estimates for second quarter, raises guidance. This is GOOD news for QHL.
Defense contractor Northrop Grumman Corp. NOC, -0.72% blew past earnings estimates for the second quarter on Thursday, and raised its full-year guidance. The Falls Church, Va.-based company posted net income of $1.04 billion, or $6.42 a share, for the second quarter, up from $1.01 billion, or $6.01 a share, in the year-earlier period. Sales rose 3% to $9.2 billion from $8.9 billion. The FactSet consensus was for EPS of $5.84 and sales of $8.8 billion. "Based on the strength of our growth and performance year-to-date and our enhanced outlook for the year, we have increased our 2021 sales and EPS guidance," Chief Executive Kathy Warden said in a statement.
https://www.marketwatch.com/story/northrop-grumman-blows-past-estimates-for-second-quarter-raises-guidance-2021-07-29?siteid=yhoof2
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Go QHL !! like I said, this has got to be good news for QHL. It's a given that more work will flow to QHL imo. !! watch this space !
Strong buy x