LMT
LOCKHEED MARTIN Corp
317.7900
0.60%
317.7900
0.60%
247.0100 322.1900
52 weeks
52 weeks

Mkt Cap 91.52B

Shares Out 287.99M

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Lockheed Martin's Earnings Rally Won't Last — You Can Profit With This Trading Strategy

Lockheed Martin (LMT - Get Report) reported earnings before the open on Tuesday, sending shares up 2.6% on the session. Investors should expect the stock to correct lower soon, however, and stock options are a great way to profit from such a move.

The earnings report was a mixed bag. Lockheed Martin said adjusted earnings per share were $2.58, missing the Wall Street consensus of $2.59. Revenue of $11.7 billion topped expectations for $11.34 billion, however.

Overall, this was a positive earnings report with earnings missing estimates by only one cent per share and surprising revenue growth. The fundamentals are...


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