Lockheed Martin: raises annual targets
(CercleFinance.com) - In conjunction with its quarterly publication, Lockheed Martin has raised its guidance for 2024, now expecting EPS of $26.
10 to $26.60, segment operating profit of $7.35bn to $7.50bn, and revenues of $70.5bn to $71.5bn.
The aerospace and defense group posted Q2 EPS of $6.85, up from $6.63 a year earlier, on sales that rose 9% to $18.1bn.
Demand for our defense technology solutions remains robust, with an order backlog of nearly $160bn, more than twice annual sales, management said.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
10 to $26.60, segment operating profit of $7.35bn to $7.50bn, and revenues of $70.5bn to $71.5bn.
The aerospace and defense group posted Q2 EPS of $6.85, up from $6.63 a year earlier, on sales that rose 9% to $18.1bn.
Demand for our defense technology solutions remains robust, with an order backlog of nearly $160bn, more than twice annual sales, management said.
Copyright (c) 2024 CercleFinance.com. All rights reserved.