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Northrop Grumman: Q1 Earnings Snapshot

FALLS CHURCH, Va. (AP) — FALLS CHURCH, Va. (AP) — Northrop Grumman Corp. (NOC) on Tuesday reported first-quarter net income of $875 million.

The Falls Church, Virginia-based company said it had profit of $6.14 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $6.08 per share.

The defense contractor posted revenue of $9.88 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $9.78 billion.

Northrop Grumman expects full-year earnings in the range of $27.40 to $27.90 per share, with revenue in the range of $43.5 billion to $44 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOC at https://www.zacks.com/ap/NOC

Judge vacates convictions of 4 Proud Boys in Jan. 6 Capitol insurrection

▶ Watch Video: Pence says he has "certainly seen evidence" that White House is whitewashing Jan. 6 attack A federal judge on Friday agreed to dismiss the convictions of four members of the far-right Proud Boys group for their actions in the Jan. 6, 2021, Capitol riot. U.S. District Judge Timothy Kelly signed off on the Justice Department's move to dismiss the convictions against Ethan Nordean, Joseph Biggs, Zachary Rehl and Dominic Pezzola, but not before saying that President Trump's views about Jan. 6 are based on "fiction," while also citing a lack of other levers he could pull to stop the move. "There is little mystery about why the Government is moving to dismiss this case, or whether dismissal is in fact what the Executive seeks," Kelly wrote in his memorandum. "President Trump's views about the prosecution of those who attacked the U.S. Capitol on January 6—whether those views are based on fact or fiction—are well known, as is his intention to extend clemency to them through the Executive Order." In 2023, Nordean, Biggs and Rehl were convicted of seditious conspiracy and all sentenced to lengthy prison terms.Pezzola became one of the more recognizable faces of the attempted insurrection after video showed him smashing a Capitol window with a riot shield. He was convicted of assaulting or resisting officers, robbery involving government property, obstruction and other charges.The Justice Department said at the time that Nordean and Pezzola "participated in every consequential breach at the Capitol," leading a group of Proud Boys onto the Capitol grounds, resulting in the dismantling of barricades, breaching of the Capitol building, assaults on police and destruction of property. Ethan Nordean, a member of the far-right group the Proud Boys, speaks to journalists on the east side of the U.S. Capitol on Feb. 21, 2025 in Washington, D.C.  Chip Somodevilla / Getty Images
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