Lockheed Martin Reports Fourth Quarter and Full Year 2016 Results

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Lockheed Martin (LMT) PT Lowered to $333 at Citi

January 25, 2017 9:52 AM EST

Citi lowered its price target on Lockheed Martin (NYSE: LMT) to $333.00 (from $335.00) while maintaining a Buy rating.

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Lockheed Martin (LMT) PT Lowered to $280 at Credit Suisse

January 25, 2017 8:17 AM EST

Credit Suisse lowered its price target on Lockheed Martin (NYSE: LMT) to $280.00 (from $282.00) while maintaining a Neutral rating.

The firm also lowered 2017 EPS estimate to $12.40 (from $12.70), and introduces 2019 at $16.55.

Analyst R. Spingarn commented, "Given that 2017 is a slightly elevated... More

Lockheed Martin (LMT) Sees F-35 Costs Dropping to $85M by Lot 13, on Track to Reduce Unit Price by 60% by Lot 10 - Bloomberg, Citing Slides

January 24, 2017 10:40 AM EST

Lockheed Martin (NYSE: LMT) Sees F-35 Costs Dropping to $85M by Lot 13, on Track to Reduce Unit Price by 60% by Lot 10 - Bloomberg, Citing Slides

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Lockheed Martin (LMT) Tops Q4 EPS by 19c; Guides FY17 EPS Below the Street

January 24, 2017 7:26 AM EST

Lockheed Martin (NYSE: LMT) reported Q4 EPS of $3.25, $0.19 better than the analyst estimate of $3.06. Revenue for the quarter came in at $13.8 billion versus the consensus estimate of $13.03 billion.

GUIDANCE:

Lockheed Martin sees FY2017 EPS of $12.25-$12.55, versus the consensus of... More