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0.00449612403100778 0.00436692506459948 0.0115503875968993 0.0103359173126615 0.00258397932816537 0.00271317829457367 -0.000542635658914676 -0.00350129198966413
Stock impact report

Lockheed Martin tops Q1 estimates, sticks with full-year EPS guidance [MarketWatch]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: MarketWatch
Lockheed Martin Corp.'s shares rose 1.8% in premarket trade Tuesday, after the defense contractor beat earnings estimates for the first quarter and offered guidance for all of 2020, even as it cautioned that the coronavirus pandemic is creating great uncertainty. Bethesda, Md.-based Lockheed said it had net earnings of $1.7 billion, or $6.08 a share, compared with $1.7 billion, or $5.99 a share, in the year-earlier period. Sales rose to $15.7 billion from $14.3 billion. The FactSet consensus was for EPS of $5.80 and sales of $15.1 billion. The company is now expecting full-year EPS of $23.65 to $23.95, unchanged from guidance offered in January. It expects sales to range from $62.250 billion to $64.000 billion, slightly below the January guidance of $62.750 billion to $64.250 billion. "The ultimate impact of COVID-19 on the corporation's financial outlook for 2020 remains uncertain," the company said. Shares have fallen 1.6% in the year to date, while the S&P 500 has fallen 13%. Show less Read more
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