Lockheed Martin Reports Second Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Lockheed Martin (LMT) PT Raised to $255 at Credit Suisse, Remains on Sidelines
July 20, 2016 8:59 AM EDTCredit 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 EDTLockheed 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

