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Northrop Grumman earnings top expectations

Wednesday, 24 Jul 2013 | 7:19 AM ET
A United States Air Force Global Hawk drone, manufactured by Northrop Grumman Corp.
SeongJoon Cho | Bloomberg | Getty Images
A United States Air Force Global Hawk drone, manufactured by Northrop Grumman Corp.

Northrop Grumman reported quarterly earnings and revenue that surpassed analysts' expectations on Wednesday.

After the earnings announcement, the company's shares rose in pre-market trading. (Click here to get the latest quotes for the company's shares.)

The company posted second-quarter earnings excluding items of $1.97 per share, up from $1.88 a share in the year-earlier period.

Revenue increased to $6.29 billion from $6.27 billion a year ago.

Analysts had expected the security company to report earnings excluding items of $1.71 a share on $5.98 billion in revenue, according to a consensus estimate from Thomson Reuters.

(Click here to get the latest pre-market quotes.)

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