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Market Impact: 0.35

Lockheed Martin (LMT) Surpasses Q2 Earnings and Revenue Estimates

Corporate EarningsCompany FundamentalsAnalyst Estimates
Lockheed Martin (LMT) Surpasses Q2 Earnings and Revenue Estimates

Lockheed Martin reported quarterly EPS of $7.94, beating the Zacks Consensus Estimate of $7.22 by $0.72 (~10%). EPS was $7.29 in the prior-year quarter, indicating year-over-year improvement of about $0.65 (~9%). The upside surprise should provide a moderate positive support for the stock.

Analysis

Lockheed Martin reported quarterly EPS of $7.94, beating the Zacks Consensus Estimate of $7.22 by $0.72 (~10%). EPS was $7.29 in the prior-year quarter, indicating year-over-year improvement of about $0.65 (~9%). The upside surprise should provide a moderate positive support for the stock.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.35

Ticker Sentiment

LMT0.60