Lockheed Martin Vs. Raytheon Technologies: Which Is The Better Buy Post Q4 Earnings?
Portfolio Pulse from Surbhi Jain
Lockheed Martin Corp (LMT) and Raytheon Technologies Corporation (RTX) both reported strong Q4 earnings, beating consensus estimates. Lockheed Martin's shares are trading higher with an 8.82% earnings surprise and a 5.03% revenue surprise. Raytheon's shares are also up after a 3.20% EPS surprise and 0.48% revenue surprise. Lockheed Martin has a higher backlog and better net income margin compared to Raytheon. Lockheed also has a more stable dividend yield history. Analyst consensus suggests a higher potential upside for Lockheed. Both companies' valuations are close, but Lockheed's trailing earnings multiple is more favorable, while Raytheon has a slight edge in forward valuations.
January 23, 2024 | 1:38 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lockheed Martin surpassed Q4 earnings and revenue estimates with significant backlog growth and a stable dividend yield, leading to a positive market reaction and favorable analyst ratings.
Lockheed Martin's strong Q4 performance, higher backlog, and stable dividend yield contribute to a positive outlook, which is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Raytheon Technologies reported better-than-expected Q4 results and a positive EPS outlook, but trails Lockheed Martin in backlog and dividend stability, with a slight edge in forward valuation.
Raytheon's Q4 earnings beat and positive outlook may boost investor confidence, but its comparison with Lockheed's stronger performance could temper the stock's short-term rally.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 85