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https://i-invdn-com.akamaized.net/news/LYNXNPEC1O0W9_M.jpgLockheed Martin announced earnings per share of $6.38 on revenue of $17.03B. Analysts polled by Investing.com anticipated EPS of $6.42 on revenue of $16.95B.
Lockheed Martin shares are down 3% from the beginning of the year, still down 22.38% from its 52 week high of $442.53 set on February 11, 2020. They are under-performing the S&P 500 which is up 2.64% from the start of the year.
Lockheed Martin shares gained 0.90% in pre-market trade following the report.
Lockheed Martin’s report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.
Raytheon Technologies had beat expectations on Tuesday with fourth quarter EPS of $0.74 on revenue of $16.58B, compared to forecast for EPS of $0.6925 on revenue of $16.24B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar