ADVFN - Advanced Financial Network.
HOME» NYSE » L » LMT Stock Price » LMT Stock News

Lockheed Martin Share News

 Lockheed Martin Corp. Stock Price
LMT Stock Price
 Lockheed Martin Corp. Stock Chart
LMT Stock Chart
 Lockheed Martin Corp. Stock News
LMT Stock News
 Lockheed Martin Corp. Company Information
LMT Company Information
 Lockheed Martin Corp. Stock Trades
LMT Stock Trades

EADS Raises Outlook As Profits Beat Views

Buoyed by rising deliveries of Airbus commercial jets, higher prices and lower losses on its flagship A380 superjumbo program, European aerospace giant European Aeronautic Defence & Space Co. NV (EAD.FR) Friday raised its full-year outlook as it reported a sharp improvement in its earnings in the second quarter of the year. Still, the company warned that delivery of its wide-bodied A350 XWB jets would be delayed by a further three months into the second half of 2014 at an additional cost of 124 million euros. A further 23 million euros of charges were booked to cover the cost of fixing cracks in the wings of its A380, on top of the 158 million euros booked in the first quarter. "Our key programmes, particularly at Airbus, continue to command our utmost attention," said Chief Executive Thomas Enders, the former head of Airbus who took over as EADS chief executive from Louis Gallois on June 1. EADS, which makes commercial and military aircraft and has defense, security and space businesses, reported a net profit of 461 million euros for the three months through June, compared with 121 million euros a year earlier, as revenue rose 12% to 13.53 billion euros. The company's closely-watched earnings before interest and taxes, excluding one-off items, was 735 million euros from 371 million euros a year earlier, above an average forecast of 596 million euros among eight analysts polled by Dow Jones Newswires. Order intake in the first six months was 28.2 billion euros, down from 58.1 billion euros booked in the same period last year. Orders stood at 551.7 billion euros at the end of June, up from 541 billion at the end of 2011. The company raised its full-year profit guidance, saying it now expects its pre-items Ebit to come in at around 2.7 billion euros for the full year, up from 2.5 billion euros and . EADS' strong first-half performance mirrors that of U.S. rival Boeing Co. (BA), which earlier this week raised its full-year guidance, thanks to higher international defense and commercial jetliner sales. Another U.S. rival in the defense sector, Lockheed Martin Corp. (LMT), also boosted its full-year earnings guidance despite the expectation of large Pentagon budget cuts. Write to Jan Hromadko at jan.hromadko@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Lockheed Martin (LMT)
DateTimeHeadline
05/02/201611:30:00Sikorsky Conducts Combat Rescue Helicopter (CRH) Air Vehicle...
04/29/201617:05:00Lockheed Martin and Daewoo Shipbuilding & Marine Engineering...
04/29/201616:09:34Statement of Changes in Beneficial Ownership (4)
04/29/201616:09:08Statement of Changes in Beneficial Ownership (4)
04/28/201617:18:00Current Report Filing (8-k)
04/28/201616:30:00SpaceX Wins U.S. Military Contract to Send Satellite Into Orbit
04/28/201610:02:00In Space, in the Sky and on Land: Lockheed Martin Innovates to...
04/28/201608:20:00Raytheon Sales Rise But Profit Falls
04/27/201618:08:00Lockheed Martin Declares Second Quarter 2016 Dividend
04/27/201615:26:35Quarterly Report (10-q)
04/27/201608:40:00United Technologies Beats Estimates and Reaffirms Expectations
04/27/201608:40:00Boeing Profit Falls as Commercial Deliveries Lag
04/27/201608:40:00Northrop Grumman Tops Expectations, Lifts Year Guidance
04/27/201608:31:00Northrop Grumman Tops Expectations, Lifts Year Guidance
04/26/201614:24:00Lockheed Martin Lifts Full-Year Guidance -- Update
04/26/201614:20:00Lockheed Says Qatar Budget Woes Could Delay Defense Deal
04/26/201614:05:00Lockheed Says Qatar Budget Woes Could Delay Defense Deal
04/26/201609:30:00Lockheed Martin Lifts Full-Year Guidance
04/26/201608:41:00Lockheed Martin Lifts Full-Year Guidance
04/26/201607:36:09Current Report Filing (8-k)

Lockheed Martin and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad