Lockheed Martin Slashes FY22 Outlook - Update
(RTTNews) - While reporting financial results for the second quarter on Tuesday, Lockheed Martin Corp. (LMT) slashed its earnings and net sales guidance for the full-year 2022.
For fiscal 2022, the company now projects earnings of about $21.55 per share on net sales of about $65.25 billion. Previously, the company expected earnings of about $26.70 per share on net sales of about $66.00 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $26.85 per share on net sales of $65.98 billion for the year. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
FTAI To Buy Lockheed Martin Commercial Engines Solutions From Lockheed Martin Canada For $170 Mln
FTAI Aviation Ltd. (FTAI) announced Thursday an agreement to purchase Lockheed Martin Commercial Engine Solutions or LMCES, from Lockheed Martin Canada Corp. for a purchase price of $170 million.
RTTNews
|
30 days ago
Lockheed Martin Boosts FY23 Outlook - Update
While reporting financial results for the second quarter on Tuesday, security and aerospace company Lockheed Martin Corp. (LMT) raised its earnings and net sales guidance for the full-year 2023.
RTTNews
|
347 days ago
U.S. Dollar Little Changed Following Inflation Data
The value of the U.S. dollar is little changed on Friday following the release of closely watched inflation data that came in line with economist estimates.
RTTNews
|
1 day ago
Euro Advances Against Majors
The euro appreciated against its major counterparts in the New York session on Friday.
RTTNews
|
1 day ago
Swiss Market Ends Slightly Weak
Despite spending much of the day's trading session in positive territory, the Switzerland market ended marginally down on Friday with a few key stocks turning weak past mid afternoon. Investors digested inflation data from the European region, and a report on U.S. personal consumption expenditure.
RTTNews
|
1 day ago
European Stocks Close Weak After Key U.S., European Economic Data
European stocks closed weak on Friday amid political uncertainty ahead of France's upcoming parliamentary elections. Investors also digested inflation data from France and U.K., and a report on U.S. personal consumption expenditure.
RTTNews
|
1 day ago
Canadian Stocks Turning In Mixed Performance
Canadian stocks are turning in a mixed performance on Friday with investors digesting the nation's GDP data, and the Personal Consumption Expenditure report from the U.S.
RTTNews
|
1 day ago
U.S. Dollar Slides After PCE Inflation Data
The U.S. dollar declined against its major counterparts in the New York session on Friday, as PCE inflation data came in line with economist estimates in May.
RTTNews
|
1 day ago
