News Formal

Lockheed Martin Reports Earnings Tuesday. What To Expect.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The company's shares are up about 10% since war broke out between Israel and Hamas.

Lockheed Martin is due to report earnings Tuesday as the Israel-Hamas War intensifies, and while the conflict has boosted defense stocks, investors will be more concerned about the company’s profit margins.

For 2023, current guidance calls for earnings per share of about $27.10 from sales of about $66.5 billion. He projects operating profit margins of 11%. Wall Street projects closer to 12%. A year ago, operating profit margins came in at about 13%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Earnings playbook: Netflix and Goldman Sachs headline a big week of reportsExpectations for the overall earnings season are muted.
Source: CNBC - 🏆 12. / 72 Read more »

Tesla reports earnings this week, and it's 'all about margins'Many investors wonder ‘if Tesla can grow earnings at all’
Source: MarketWatch - 🏆 3. / 97 Read more »

Goldman Sachs Reports Earnings Tuesday. What to Expect.The bank's profit in the third quarter is expected to fall by 32%, to $2 billion.
Source: MarketWatch - 🏆 3. / 97 Read more »