Lockheed Martin's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Lockheed Martin is set to announce its quarterly earnings on October 22, 2024, with analysts estimating an EPS of $6.48. The company's past performance has shown positive stock price reactions to earnings beats. Analysts have a consensus 'Buy' rating on the stock, though the average price target suggests a slight downside. Lockheed Martin leads its peers in revenue growth and gross profit margin but lags in return on equity.
October 21, 2024 | 2:01 pm
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Lockheed Martin is expected to announce its earnings with an estimated EPS of $6.48. The stock has historically reacted positively to earnings beats. Analysts have a 'Buy' rating, but the price target suggests a potential downside.
Lockheed Martin's upcoming earnings announcement is highly relevant to its stock price. Historically, the stock has reacted positively to earnings beats, and with a 'Buy' rating from analysts, there is potential for a positive short-term impact if the company surpasses expectations. However, the average price target suggests a slight downside, which tempers the overall positive outlook.
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IMPORTANCE 80
RELEVANCE 100