Lockheed Martin beats by $0.75, beats on revs; guides raises EPS above consensus, revs above consensus
- Reports Q2 (Jun) earnings of $7.94 per share, $0.75 better than the FactSet Consensus of $7.19; revenues rose 10.5% year/year to $20.06 bln vs the $19.34 bln FactSet Consensus.
- Co issues upside guidance for FY26, sees EPS of ~$29.95-30.65 vs. $29.88 FactSet Consensus and prior guidance of $29.35-30.25; sees FY26 revs of ~$79.75-81.75 bln vs. $79.17 bln FactSet Consensus and prior guidance of $77.50-80.00 bln.