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Technology Stocks : Lockheed Martin (LMT)
LMT 379.74-1.0%4:03 PM EDT

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From: Fuzzy7/22/2014 8:15:38 AM
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Lockheed Martin beats by $0.10, beats on revs; raises FY14 EPS, in-line, reaffirms revs ( LMT) : Reports Q2 (Jun) earnings of $2.76 per share, $0.10 better than the Capital IQ Consensus Estimate of $2.66; revenues fell 0.9% year/year to $11.31 bln vs the $11.15 bln consensus.

Co issues in-line guidance for FY14, raises EPS to $10.85-11.15 from $10.50-10.80 vs. $10.98 Capital IQ Consensus; reaffirms FY14 revs $44.0-45.5 bln vs. $44.77 bln Capital IQ Consensus; reaffirms orders $41.5-43 bln; raises cash flow guidance to > $4.8 bln from > $4.7 bln.
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