Lockh
Lockheed Martin (LMT) closed the latest buying and selling day at $382.46, shifting -0.58% from the earlier buying and selling session. This transformation was narrower than the S&P 500’s 1.71% loss on the day. Elsewhere, the Dow misplaced 0.98%, whereas the tech-heavy Nasdaq misplaced 1.87%.
Previous to at the moment’s buying and selling, shares of the aerospace and protection firm had misplaced 12.36% over the previous month. This has was narrower than the Aerospace sector’s lack of 14.63% and lagged the S&P 500’s lack of 9.13% in that point.
Traders can be hoping for power from LMT because it approaches its subsequent earnings launch. On that day, LMT is projected to report earnings of $5.75 per share, which might symbolize a year-over-year decline of 4.01%. Our most up-to-date consensus estimate is asking for quarterly income of $15.24 billion, up 6.3% from the year-ago interval.
LMT’s full-year Zacks Consensus Estimates are calling for earnings of $24.15 per share and income of $63.63 billion. These outcomes would symbolize year-over-year modifications of +10.02% and +6.38%, respectively.
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