News
LMT
462.48
-0.49%
-2.30
30 out of 34 industrial stocks post EPS wins, while half of them beat revenue estimates - Earnings Scorecard
30 out of 34 industrial stocks post EPS wins, while half of them beat revenue estimates. The industrial sector saw a major chunk of its big players report earnings this week. The Industrial Select Sector SPDR Fund ETF has risen about 7.55% since the start of the year.
Seeking Alpha · 1h ago
Roundtable Discussion On Gold, Tech, Bitcoin, Country ETFs And Ignored Stocks
Seeking Alpha analysts discuss current market trends and give some portfolio advice. Rob Isbitts joins analysts Amrita Roy, Uttam Dey, Emma Johnston, and Mike Kehoe to discuss gold, Tech, Bitcoin, Country ETFs And Ignored Stocks. Highlighting the versatility of single country ETFs and playing defense within the tech sector. Dissecting two BitcoinETFs and emphasizing value of focusing on overlooked stocks.
Seeking Alpha · 3h ago
L3Harris (LHX) Beats Q1 Earnings Estimates, Hikes '24 EPS View
NASDAQ · 5h ago
Lockheed Martin Corporation Just Beat EPS By 9.8%: Here's What Analysts Think Will Happen Next
Lockheed Martin Corporation (NYSE:LMT) came out with strong quarterly results last week. Revenues were up 7.5% to US$17b, and earnings per share was 9.8% above expectations. The analysts are now forecasting 2024 revenues to be US$69.5b, but the company is expected to lag the wider industry. Lockheed Martin's price target of US$488 is in line with expectations for the stock.
Simply Wall St · 7h ago
L3Harris Stock Rises. Its Earnings Cap a Strong Week For Defense Contractors.
Shares of defense supplier L3Harris Technologies are up 1.3% in early trading Friday. L3 Harris reported earnings per share of $3.06 on sales of $5.2 billion. The company raised its full-year financial guidance for the year. The results cap a good week for the defense sector.
Barron‘s · 7h ago
Lockheed Martin: Balancing Growth and Challenges Amidst Margin Pressures and Program Uncertainties
TipRanks · 13h ago
UPDATE 3-Defence firm Saab raises sales outlook after Q1 profit jump
Swedish defence equipment maker Saab reports 28% rise in first-quarter operating profit. Q1 operating profit up 28% on the back of strong demand amid Sweden's NATO accession. Firm raises full-year organic growth forecast to 15-20% from 12-16%. Strong demand due to geopolitical turmoil and Sweden's accession to NATO.
Reuters · 13h ago
US Prepares $6B In Weapons Contracts For Ukraine
Benzinga · 22h ago
Textron's (TXT) Q1 Earnings Lag Estimates, Revenues Rise Y/Y
NASDAQ · 1d ago
Lockheed Martin Set For Lift-Off: Is A Golden Cross On The Horizon?
Lockheed Martin Corp reported net sales of $17.195 billion in its first quarter. The company reported a 13.7% increase in net sales compared to the same quarter last year. Adjusted earnings per share fell slightly to $6.33, but still exceeded expectations.
Benzinga · 1d ago
Lockheed Martin Price Target Raised to $480.00/Share From $460.00 by Wells Fargo
Dow Jones · 1d ago
Lockheed Martin Is Maintained at Equal-Weight by Wells Fargo
Dow Jones · 1d ago
Wells Fargo Maintains Equal-Weight on Lockheed Martin, Raises Price Target to $480
Benzinga · 1d ago
Northrop (NOC) Q1 Earnings Beat Estimates, Sales Rise Y/Y
NASDAQ · 1d ago
Why Did Lockheed Martin Stock Drop?
Lockheed Martin's sales for the first quarter beat analyst estimates, but margins declined. Demand for missiles and air missile defense is increasing, but cost overruns on a classified program may limit upside. Lockheed Martin won the Next Generation Interceptor competition and reaffirmed its earnings guidance for 2024. In October 2023, I gave Lockheed Martin stock a $470 price target.
Seeking Alpha · 1d ago
LOCKHEED MARTIN <LMT.N>: DEUTSCHE BANK RAISES TARGET PRICE TO $487 FROM $467
Reuters · 1d ago
Meta Platforms To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Thursday
Rosenblatt raised the price target for Meta Platforms, Inc. (NASDAQ:META) on Wednesday. The price target was raised from $520 to $562 for the company. Other analysts raised the target for SLM Corporation and cut the price for Biogen Inc.
Benzinga · 1d ago
LOCKHEED MARTIN CORPORATION <LMT.N>: WELLS FARGO RAISES TARGET PRICE TO $480 FROM $460
Reuters · 1d ago
Northrop quarterly profit rose on strong global defense spending
Northrop quarterly profit rose on strong global defense spending. International demand for U.S. Weaponry has risen following Russia's invasion of Ukraine and conflicts in the Middle East. Profit in Northrop's Defense Systems segment rose 11% in the first quarter. The company's aeronautic systems business posted a 25% jump in operating income.
Reuters · 1d ago
Inflation Challenges Fed Policy as U.S. Economic Growth Slows
U.S. Economy grew at a modest pace of 1.6% in the first quarter, missing expectations. Inflation remains higher than expected, dampening the likelihood of the Federal Reserve easing interest rates in the near future. Despite the slowdown, consumer spending remains strong. The economic outlook remains mixed as inflation remains a concern.
Barchart · 1d ago
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About LMT
Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Its segments include Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of advanced military aircraft. MFC segment provides air and missile defense systems, manned and unmanned ground vehicles, energy management solutions, and others. RMS segment designs, manufactures, services and supports various military and commercial helicopters, surface ships, sea and land-based missile defense systems, and others. Space segment is engaged in the research and design, development, engineering and production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems.