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A 'Messy' Q3 Expected For Lockheed Martin
Friday, October 14, 2016 - 3:31pm | 542Read More...Wells Fargo expects a “messy” third quarter from Lockheed Martin Corporation (NYSE: LMT) and expects the company to cut its 2016 profit view. The brokerage expects Lockheed Martin to earn $2.93 a share on revenue of $12.7 billion versus consensus of $2.93/$12.1 billion. Wells Fargo also...
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Wells Fargo Ponders Whether Lockheed Martin Could See $20 EPS In 4 Years
Monday, September 19, 2016 - 3:19pm | 447Read More...Wells Fargo upgraded Lockheed Martin Corporation (NYSE: LMT) to Outperform from Market Perform, as it believes the defense contractor can grow at 20 percent CAGR through 2020. "While GAAP EPS is not the same as free cash generation, we see the potential for $20/share of EPS in 2020– and in our view...
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Goldman Offers 3 Positives, 3 Negatives On Lockheed
Wednesday, August 24, 2016 - 11:48am | 389Read More...Goldman Sachs’ Noah Poponak views the defense sector as attractive and Lockheed Martin Corporation (NYSE: LMT) as “the bellwether and owns one of the Pentagon’s fastest growing programs in the F-35.” Poponak reinitiated coverage of the company with a Neutral rating and a...
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Does The Sikorsky Deal Make Lockheed Martin A Buy?
Tuesday, July 21, 2015 - 10:57am | 302Read More...Lockheed Martin Corporation (NYSE: LMT) recently beat its Q2 earnings expectations and raised its guidance. However, Citi Research analyst Jason Gursky believes that the company’s announcement that it intends to buy Sikorsky and spin off or sell part of its services business will be...
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United Technologies Explains Why Spinning Off Sikorsky Is 'The Right Thing To Do'
Thursday, March 12, 2015 - 2:17pm | 347Read More...United Technologies Corporation (NYSE: UTX) is contemplating selling off its helicopter business, Sikorsky. Gregory Hayes, United Technologies CEO, was on CNBC Thursday to explain why he thinks it is the right thing to do for the company. Creating Value "What we have been doing for the...
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United Technologies 'Big Bang Theory' Outlined At Deutsche Bank
Thursday, February 12, 2015 - 12:34pm | 341Read More...Myles Walton of Deutsche Bank on Thursday commented in a note that it has been 80 days since Greg Hayes was elevated to Chief Executive Officer at United Technologies Corporation (NYSE: UTX) and since then he has appointed a new Chief Financial Officer, executed a redirection of focus in the M&...
