Lockheed Martin (LMT) Stock Analysis: The Best Defense Stock To Buy?
Lockheed Martin (LMT) Stock Analysis: The Best Defense Stock To Buy?

Lockheed Martin (LMT) Stock Analysis: The Best Defense Stock To Buy?

Kamene Goro

10 min
Business & Finance
Lire

Description

<p>Lockheed Martin (#LMT) reported Q1 earnings and shares traded sideways after the report. The defense company announced GAAP EPS of $6.56 (beats by $0.24) and revenue of $16.3B (+4.2%).</p> <p>It was interesting to see shares trade flat after the company raised net sales guidance up to $67.3B-68.7B from prior guidance of $67.1B-$68.5B. Shares of LMT are up 10% since LMT are up 10% over the past month, so should investors buy, hold, or sell since earnings have been released?</p>

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hannah.wave

hannah.wave

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