Why Lockheed Martin Stock Launched Higher
Lockheed Martin stock just got 10% more expensive -- and it's still a buy.
Overview
Lockheed Martin (NYSE: LMT) stock surged ahead 9% through 1:22 p.m. ET Thursday after crushing on earnings this morning.
Analysts expected Lockheed to report $7.23 per share in profit on $19.4 billion in sales for Q2 2026. Instead, Lockheed earned $7.94 per share on $20.1 billion in sales -- and then raised guidance.
Image source: Lockheed Martin.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.