Stock Groups

Lockheed Martin Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

[ad_1]

Lockheed Martin Revenue Beats in Quarter Four

Investing.com – Lockheed Martin (NYSE: ) On Tuesday, the fourth quarter ended in a better than expected performance and reported revenue of $1.25 billion.

Lockheed Martin reported earnings per share at $7.47 on $17.73 billion in revenue. Investing.com polled analyst to predict EPS of $7.15 based on revenue $17.66B.

Lockheed Martin shares have increased 5% since the start of the year. However, they are still 5.96% below their 52-week high of $396.99 on May 10, 2021. They are outperforming the S&P 500 which is down 7.47% from the start of the year.

Pre-market trading for Lockheed Martin stock rose by 0.67% following the publication.

Lockheed Martin is following other significant Industrials sector earnings in this month

Lockheed Martin reports on Union Pacific’s earnings beat on Thursday. Union Pacific reported EPS for revenue of $5.73B of $2.66, as opposed to the forecasts of EPS for revenue of $5.6B of $2.61.

Raytheon Technologies beat all expectations Tuesday, posting fourth quarter earnings per share of $1.08 on $17.04B in revenue. This compares to the $1.02 forecasted for revenue of $17.28B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of the potential risks and financial costs involved in trading the financial market. It is one the most dangerous investment types.

[ad_2]