- Lockheed Martin (LMT) reports a 23% jump in Q1 earnings that beat analyst consensus estimates, and raises its EPS outlook for the full year by $0.25.
- LMT forecasts FY 2014 EPS of $10.50-$10.80, higher than its January guidance and above expectations, and raises guidance for operating profit and operating cash flow, with the outlook for sales left unchanged at $41.5B-$43B.
- LMT's repurchase of 7M shares for $1.1B in the quarter was just shy of its prior guidance for the whole year.
- Higher pension income of $86M helped boost Q1 earnings, swinging from a $121M pension expense a year earlier.
- Shares +0.3% premarket.
Check out Seeking Alpha’s new Earnings Center »
From other sites
at CNBC.com (Apr 10, 2015)
at Investopedia (Apr 7, 2015)
at 4-traders.com (Mar 24, 2015)
at CNBC.com (Mar 24, 2015)
at Investor's Business Daily (Feb 26, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs