Lockheed Martin's Stock Climbs Ahead of Q3 Earnings Report
The defense giant is expected to continue its streak of surpassing analyst expectations amid strategic acquisitions and potential policy shifts.
- Lockheed Martin shares rose 1.04% in pre-market trading as investors anticipate the Q3 financial results.
- The company is forecasted to report earnings of $6.50 per share and revenue of $17.351 billion.
- Lockheed Martin has consistently exceeded analyst expectations for seven consecutive quarters.
- Investors are keen on updates regarding the acquisition of Terran Orbital Corp and $5.1 billion in new contracts.
- Relaxation of U.S. export restrictions could benefit Lockheed Martin's space segment, enhancing its commercial prospects.