Lockheed Martin: raisess FY targets
(CercleFinance.com) - On announcing its quarterly results, Lockheed Martin said that it is now targeting FY 2020 EPS of between 23.
75-24.05 dollars (against 23.65-23.95 dollars previously), with revenues of between 63.5-65 billion dollars (against 62.25-64 billion dollars previously).
The defence equipment group reported Q2 net earnings that are up 14.5% at 1.63 billion dollars, or 5.79 dollars per share, while analysts were expecting about 10 cents less.
Revenues rose by 12.4% to just over 16.2 billion dollars, with each of its four major divisions contributing to the growth, while its order backlog reached a record level of 150.3 billion dollars.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
75-24.05 dollars (against 23.65-23.95 dollars previously), with revenues of between 63.5-65 billion dollars (against 62.25-64 billion dollars previously).
The defence equipment group reported Q2 net earnings that are up 14.5% at 1.63 billion dollars, or 5.79 dollars per share, while analysts were expecting about 10 cents less.
Revenues rose by 12.4% to just over 16.2 billion dollars, with each of its four major divisions contributing to the growth, while its order backlog reached a record level of 150.3 billion dollars.
Copyright (c) 2020 CercleFinance.com. All rights reserved.