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Northrop Grumman reports strong Q2 earnings, with mixed changes in major investor holdings.
Sterling Investment Advisors Ltd. reduced its holdings in Northrop Grumman by 5.2%, while Invesco Ltd. increased its stake, owning 1,733,680 shares worth $813.6 million.
Northrop Grumman reported strong Q2 earnings of $7.11 per share, beating estimates by $0.27, with a revenue of $10.35 billion, a 1.3% increase year-over-year.
Analysts expect 28.05 earnings per share for the fiscal year.
The stock has a 52-week range of $426.24 to $576.86.
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Northrop Grumman informa de fuertes ganancias del segundo trimestre, con cambios mixtos en las participaciones de los principales inversores.