Shares of Lockheed Martin (LMT) fell 3.34% on Monday after the company delivered mixed second-quarter financial results. The company delivered net earnings of $1.8 billion, or $6.52 per share, versus the $6.53 that analysts expected. Q2 earnings included a loss of $225 million recorded at Aeronautics. Revenues topped estimates, coming in at $17 billion against consensus estimates of $16.93 billion and above the $16.2 billion reported the same quarter last year. In defense of the Q2 results, CEO James Taiclet affirmed the extraordinary resolve of the employees to rise above the pandemic challenges.
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Lockheed Martin (NYSE:LMT)
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