Northrop Grumman Stock Drops 14% Following Q1 Revenue And Earnings Decline

(RTTNews) - Northrop Grumman Corporation (NOC) saw its stock price drop by 14.82 percent to $452.61 during Tuesday's trading after reporting lower-than-expected revenue and net earnings for the first quarter of 2025.

Total sales for the quarter were $9.47 billion, down from $10.13 billion in the same period last year.

The stock traded between $455.24 and $494.04, with 2.7 million shares changing hands, more than double the average volume of 1.1 million on the New York Stock Exchange.

Net earnings also fell significantly to $481 million, compared to $944 million in the first quarter of 2024.

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