Lockheed Martin Earnings Preview
Portfolio Pulse from Benzinga Insights
Lockheed Martin (NYSE:LMT) is set to release its quarterly earnings report on Tuesday, 2023-07-18, with analysts estimating an earnings per share (EPS) of $6.45. The company's past performance shows a trend of beating EPS estimates, but this has not always led to an immediate increase in share price. The stock is currently trading at $464.31, up 20.54% over the last 52-week period.
July 17, 2023 | 2:01 pm
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Lockheed Martin is expected to report an EPS of $6.45 in its upcoming earnings report. The company has a history of beating EPS estimates, but this has not consistently resulted in immediate share price increases. The stock is currently up 20.54% over the last 52 weeks.
The upcoming earnings report is a significant event for Lockheed Martin. While the company has a history of beating EPS estimates, this has not consistently led to immediate share price increases, indicating that other factors, such as guidance, may have a more significant impact on the stock's short-term performance. Given the stock's positive performance over the last 52 weeks, investors are likely to be optimistic going into the earnings release.
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RELEVANCE 100