Shares of Lockheed Martin LMT moved higher by 0.6% in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share were up 10.42% over the past year to $6.25, which beat the estimate of $6.09.
Revenue of $16,495,000,000 rose by 8.73% from the same period last year, which beat the estimate of $16,120,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Lockheed Martin hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Oct 20, 2020
Time: 11:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/nvrg9st5
Recent Stock Performance
52-week high: $442.53
52-week low: $266.11
Price action over last quarter: down 2.30%
Company Profile
Lockheed Martin is the largest defense contractor globally and has dominated the Western market for high-end fighter aircraft since being awarded the F-35 program in 2001. Lockheed's largest segment is Aeronautics, which is dominated by the massive F-35 program. Lockheed's remaining segments are rotary & mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
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