Lockheed Martin Reports Fourth Quarter and Full Year 2017 Results
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January 30, 2018 7:57 AM EST
Credit Suisse raised its price target on Lockheed Martin (NYSE: LMT) to $380.00 (from $308.00) while maintaining a Neutral rating following results.
The firm's 2018-19 EPS estimates adjust to $15.49/$17.74 (from $13.14/$15.12), and they introduce 2020 EPS estimate of $22.47.
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January 30, 2018 7:26 AM EST
Cowen raised its price target on Lockheed Martin (NYSE: LMT) to $370.00 (from $320.00) while maintaining a Market Perform rating.
Analyst Cai von Rumohr said LMT has the potential for 20% EPS growth in 2019-20, after a 2018 transition year with ~$20/share in annual CFPS in 2019-20; and foreign orders offer upside.
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January 29, 2018 7:33 AM EST
Lockheed Martin (NYSE: LMT) reported Q4 EPS of $4.30, $0.23 better than the analyst estimate of $4.07. Revenue for the quarter came in at $15.1 billion versus the consensus estimate of $14.73 billion.
GUIDANCE:
Lockheed Martin sees FY2018 EPS of $15.20-$15.50, versus the consensus of... More
