Lockheed Martin Reports Second Quarter 2016 Results

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Lockheed Martin (LMT) PT Raised to $255 at Credit Suisse, Remains on Sidelines

July 20, 2016 8:59 AM EDT

Credit Suisse analyst R. Spingarn raised its price target on Lockheed Martin (NYSE: LMT) to $255.00 (from $225.00) while maintaining a Neutral rating.

The firm's 2016-18 EPS estimates adjust to $12.48/$12.53/$13.97 from $11.90/$13.65/$15.55 respectivey.

Spingarn commented, "LMT continues to be one of the highest quality companies... More

Lockheed Martin (LMT) Tops Q2 EPS Views; Boosts FY16 Outlook

July 19, 2016 7:26 AM EDT

Lockheed Martin (NYSE: LMT) reported Q2 EPS of $3.32, $0.39 better than the analyst estimate of $2.93. Revenue for the quarter came in at $12.9 billion versus the consensus estimate of $12.56 billion.

GUIDANCE:

Lockheed Martin sees FY2016 EPS of $12.15-$12.45, versus prior guidance of... More