Northrop Grumman Corporation (NOC) CEO Kathy Warden on Q4 2019 Results - Earnings Call Transcript

Jan. 30, 2020 2:46 PM ETNorthrop Grumman Corporation (NOC) StockNOC
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Q4: 2020-01-30 Earnings Summary

EPS of $5.61 beats by $0.84
 | Revenue of $8.72B (6.93% Y/Y) misses by $122.17M

Northrop Grumman Corporation (NYSE:NOC) Q4 2019 Earnings Conference Call January 30, 2020 8:00 AM ET

Company Participants

Todd Ernst - VP, IR
Kathy Warden - President and CEO
Ken Bedingfield - CFO

Conference Call Participants

Seth Seifman - JPMorgan
Sheila Kahyaoglu - Jefferies
Peter Arment - Baird
Robert Stallard - Vertical Research
David Strauss - Barclays
Robert Spingarn - Credit Suisse
Jon Raviv - Citi
Cai von Rumohr - Cowen & Company
Doug Harnett - Bernstein
Ron Epstein - BASML
Myles Walton - UBS
Hunter Keay - Wolfe Research
Noah Poponak - Goldman Sachs
Carter Copeland - Melius Research

Operator

Good day, ladies and gentlemen, and welcome to the Northrop Grumman's Fourth Quarter and Year-End 2019 Conference Call. Today's call is being recorded. My name is Regina, and I will be your operator today. [Operator Instructions]

I would now like to turn the call over to your host, Mr. Todd Ernst, Treasurer and Vice President, Investor Relations. Mr. Ernst, please proceed.

Todd Ernst

Thank you, Regina and good morning everyone. Welcome to Northrop Grumman's fourth quarter and full year 2019 conference call. We will refer to conference slide that are posted on our IR website this morning.

Before we start, matters discussed on today's call including 2019 guidance and beyond reflect the company's judgment based on information available at the time of this call. They constitute forward-looking statements pursuant to Safe Harbor provisions of Federal Securities Laws.

Forward-looking statements involve risks and uncertainties, which are noted in today's earnings release and our SEC filings. These risks and uncertainties may also because actual company results to differ materially. Matters discussed on today's call include non-GAAP financial measures that are reconciled in our earnings release and supplemental PowerPoint presentation.

Our GAAP results reflect the mark-to-market method of accounting for our pension and

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