Northrop Grumman Reports Fourth Quarter and 2009 Financial Results
Friday, Feb 05, 2010
- Q4 EPS of $1.31; 2009 EPS of $5.21 - 2010 Guidance for EPS from Continuing Operations of $5.70 to $5.95 - TASC, Inc. Divestiture Completed; Reported as Discontinued Operations - Q4 Share Repurchases of $450 Million; 2009 Share Repurchases Total $1.1 Billion
LOS ANGELES, Feb. 4 /PRNewswire-FirstCall/ -- Northrop Grumman Corporation (NYSE:NOC) reported fourth quarter 2009 net earnings of $413 million, or $1.31 per diluted share, and 2009 net earnings of $1.7 billion, or $5.21 per diluted share. In 2008, the company reported a fourth quarter net loss of $2.5 billion, or $7.75 per diluted share, and a net loss for the year of $1.3 billion, or $3.77 per diluted share. 2008 fourth quarter and full year results were significantly impacted by a goodwill impairment charge.
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