A Preview Of Lockheed Martin's Earnings
Portfolio Pulse from Benzinga Insights
Lockheed Martin (NYSE:LMT) is set to release its quarterly earnings report on Tuesday, 2023-10-17. Analysts estimate an earnings per share (EPS) of $6.66. Last quarter, the company beat EPS by $0.28, which was followed by a 0.92% drop in the share price. Shares of Lockheed Martin were trading at $441.06 as of October 13, with a 0.91% increase over the last 52-week period.
October 16, 2023 | 2:00 pm
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Lockheed Martin is expected to report an EPS of $6.66 in its upcoming earnings. The company's stock price dropped 0.92% after beating EPS last quarter.
The upcoming earnings report is a significant event for Lockheed Martin. However, the company's past performance shows that even when it beats EPS estimates, the stock price can drop, as it did last quarter. Therefore, the impact on the stock price is uncertain.
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IMPORTANCE 80
RELEVANCE 100