Lockheed Martin Q2 Adj. EPS $6.73 Beats $6.45 Estimate, Sales $16.69B Beat $15.91B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lockheed Martin reported Q2 earnings of $6.73 per share, beating the analyst consensus estimate of $6.45 by 4.34%. This is a 6.49% increase from last year. The company also reported quarterly sales of $16.69 billion, beating the analyst consensus estimate of $15.91 billion by 4.92%. This is an 8.07% increase from last year.
July 18, 2023 | 11:30 am
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POSITIVE IMPACT
Lockheed Martin's Q2 earnings and sales beat estimates, showing an increase from last year.
Lockheed Martin's better-than-expected Q2 earnings and sales indicate a strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100