澳洲幸运5官方开奖结果体彩网

RTX Stock Up on Results, Outlook; Lockheed Martin Shares Down on Sales, Guidance

A U.S. Marine Lockheed Martin F-35 Lightning II (Joint Strike Fighter) is flown by Marine Fighter Attack Training Squadron 502 out of Marine Corps Air Station Miramar on December 5, 2024 in San Diego, Calif.
A U.S. Marine Lockheed Martin F-35 Lightn🎐ing II (Jo๊int Strike Fighter) is flown by Marine Fighter Attack Training Squadron 502 out of Marine Corps Air Station Miramar on Dec. 5, 2024 in San Diego, Calif.

Kevin Carter / Getty Images

Key Takeaways

  • Defense contractors RTX and Lockheed Martin posted differing results and guidance, sending shares in opposite directions.
  • RTX beat profit and sales forecasts, as all three of its units recorded revenue gains.
  • Lockheed Martin's sales fell short of estimates, as did its full-year earnings outlook.

Shares of RTX (RTX) and Lockheed Martin (LMT) headed in opposite directions Tuesday aft🎶er the two big defense contractors reported quarterly results.

RTX shares advanced more than 2% when the maker of Pratt & Whitney engines posted fourth-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $1.54, with revenue up 9% year-over-year to $21.62 billion. Both were above analysts' forecasts compiled🌱 by Visible A𝓀lpha.

Sales at the Pratt & Whitney division jumped 18% to $7.57 billion, rose 6% to $7.꧒54 billion at Collins Aerospace, and gained 4% to $7.16 billion at Raytheon.

RTX sees full-year adjusted EPS of $6.00 to $6.15,๊ and adjusted sales of $83 billion to $84 billion.

Existing Classified Programs Lo🌺ss Hits Lockheed Mart🀅in Results

Lockheed Martin shares sank nearly 8% as the company missed sales estimates and issued weaker-than-expected profit guidance as it took a big cha🔯rge in the quarter.

Adjusted EPS came in at $7.67, but that excluded an after-tax loss of $5.45 per share for classified programs. Revenue fell 1.3% to $18.62 billion. Analysts surveyed by 💫Visible Aꦫlpha expected $18.86 billion.

The loss for existing classified program🌳s at its Aeronautics and Missiles and Fire Control (MFC) business segments came after a review that determined the company would have higher costs in order to meet required m𓆉ilestones.

Lockheed Martin expects full-ye🎶ar EPS in the range of $27.00 to $27.30. The Visible Alpha forecast was for $27.44.

RTX shares traded at an all-time high. Shares of Lockheed Martin remained nearly 8% higher over the last year despite today's selloff.

RTX, LMT

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