Lockheed Martin Earnings, Revenue Miss in Q3

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Lockheed Martin announced earnings per share of $2.21 on revenue of $16.03B. Analysts polled by Investing.com anticipated EPS of $2.29 on revenue of $17.12B.

Lockheed Martin shares are up 6% from the beginning of the year, still down 5.20% from its 52 week high of $396.99 set on May 10. They are under-performing the S&P 500 which is up 21.58% from the start of the year.

Lockheed Martin’s report follows an earnings beat by ASML ADR on October 20, who reported EPS of $4.97 on revenue of $6.1B, compared to forecasts EPS of $4.61 on revenue of $6.19B.

Honeywell had beat expectations on Friday with third quarter EPS of $2.02 on revenue of $8.47B, compared to forecast for EPS of $1.99 on revenue of $8.66B.

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