Northrop Grumman expects 4.1% revenue growth but a 3.8% EPS decline in upcoming earnings report.

Northrop Grumman is set to report quarterly earnings with revenue projected at $10.78 billion, a 4.1% increase driven by strong defense sector demand. However, earnings per share (EPS) are expected to decline by 3.8% to $6.84, partly due to cost risks from the Sentinel program. The company maintains a P/E ratio of 16.37 and a debt-to-equity ratio near 1, reflecting stable financial health. Investors will closely watch the Sentinel program's impact on profit margins when the report is released on July 21, 2026.