Home Business Lockheed Martin’s Q4 earnings per share and revenue beat expectations by Investing.com

Lockheed Martin’s Q4 earnings per share and revenue beat expectations by Investing.com

by admin
Lockheed Martin’s Q4 earnings per share and revenue beat expectations by Investing.com
© Reuters. Lockheed Martin beats Q4 EPS, revenue estimates

Investing.com – Lockheed Martin (NYSE: LMT ) reported fourth-quarter earnings on Tuesday, showing that the company’s revenue beat analysts’ expectations and earnings per share topped analysts’ expectations.

In the company’s latest financial report, the company’s earnings per share were $7.79 and total revenue was $19B, while the previous survey of analysts by Investing.com showed that analysts expected the company’s revenue to be $18.26B , with EPS of $7.41.

Shares of Lockheed Martin rose 1.18% in the pre-market session after the earnings report, trading around $446.48.

Shares of Lockheed Martin have fallen 9 percent so far this year, underperforming the S&P 500’s 4.7 percent gain over the same period.

Before Lockheed Martin announced its financial report, some US stock companies in the industrial sector also announced their financial reports this month.

On Tuesday, Raytheon Technologies released its fourth-quarter earnings report of $1.27 per share on $18.09B in revenue, compared to Wall Street’s expectations for EPS of $1.24 on $18.19B in revenue.

In addition, Nidec’s earnings report released on Tuesday fell short of analysts’ expectations. The company reported EPS of $0.0582 on revenue of $4.36B. Previously, analysts surveyed by Investing.com had expected EPS of $0.1339 on revenue of $4.13B .

【This article is from Yingwei Caiqing Investing.com, to read more, please log in to cn.Investing.com or download Yingwei Caiqing App】

See also  Gas, because Putin is now demanding payment in rubles and refuses euros and dollars

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy