Lockheed Martin to Separate and Combine IT and Technical Services Businesses with Leidos

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RBC Capital Reiterates Outperform Following Lockheed Martin's (LMT) 4Q and Announced Leidos Combination

January 27, 2016 7:19 AM EST

RBC Capital maintained an Outperform rating on Lockheed Martin (NYSE: LMT), and cut the price target to $244.00 (from $250.00), following the company's 4Q earnings report. Lockheed Martin posted 4Q15 EPS of $3.01, ahead of consensus at $2.94. In conjunction with the 4Q results, Lockheed announced... More

Lockheed Martin (LMT) Tops Q4 EPS by 7c; Offers FY16 Outlook

January 26, 2016 7:05 AM EST

Lockheed Martin (NYSE: LMT) reported Q4 EPS of $3.01, $0.07 better than the analyst estimate of $2.94. Revenue for the quarter came in at $12.9 billion versus the consensus estimate of $12.36 billion.

GUIDANCE:

Lockheed Martin sees FY2016 EPS of $11.45-$11.75. Lockheed Martin sees FY2016... More