Lockheed Martin Earnings Beat, Revenue Misses In Q3

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Lockheed Martin announced earnings per share of $6.87 on revenue of $16.60. Analysts polled by Investing.com anticipated EPS of $6.66 on revenue of $16.66B.

Lockheed Martin shares are down 31.39% from the beginning of the year, still down 17.23% from its 52 week high of $479.99 set on March 7.

Lockheed Martin shares gained 0.70% in pre-market trade following the report.

Lockheed Martin’s report follows an earnings missed by FedEx on September 15, who reported EPS of $3.44 on revenue of $23.2B, compared to forecasts EPS of $5.14 on revenue of $23.61B.

Cintas had beat expectations on September 28 with first quarter EPS of $3.39 on revenue of $2.17B, compared to forecast for EPS of $3.13 on revenue of $2.08B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar