Investor's Business Daily43d agobearish
SpaceX Supplier Tumbles After First Earnings Report Since IPOApplied Aerospace & Defense fell about 10% on Wednesday after its first earnings report since going public in June.
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Barrons.com57d agobearish
General Dynamics Stock Bucks Defense Sector Slump Following Earnings BeatGeneral Dynamics has managed to avoid much of the defense stock pain that came after fighting began in Iran. Wall Street was looking for earnings per share of $3.96 from sales of $13.5 billion. Operating profit margin was 10.4%, up 0.4 percentage point year-over-year.
Barrons.com91d agobearish
Lockheed Martin's U.S. Missile Contracts to Boost Earnings Per ShareLockheed Martin's latest contract award from the U.S. Government adds to sales growth in the defense group's missiles division, Jefferies' Sheila Kahyaoglu wrote. The company signed a seven-year contract worth up to $35 billion for Terminal High Altitude Area Defense interceptor missiles. The contract follows another government award for a significant ramp up in Patriot missile production, the analyst noted.
MarketBeat143d agobearish
Why Lockheed Martin's Earnings Miss Could Be a Blessing in DisguiseLockheed’s earnings miss sent the stock to fresh lows, but with guidance intact and the stock deeply oversold, the setup is starting to look attractive.