Reported about 1 month ago
Lockheed Martin Corp (NYSE:LMT) is poised to report its earnings on Oct. 22, with expectations of adjusted earnings per share at $6.50 from $17.28 billion in revenue. The stock has reached a new peak of $618.95, a 0.4% increase to $614.04 before earnings. Despite the stock's recent performance, with a 35.4% year-to-date gain, analysts maintain a cautious outlook with a consensus target price below its current value. Options trading shows increased put volume, indicating bearish sentiment ahead of the report.
Source: YAHOO