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Lockheed Martin beat earnings estimates but missed revenue forecasts, raising 2025 outlook.
Lockheed Martin reported second-quarter earnings of $7.29 per share, beating expectations by $0.72, though revenue of $18.16 billion fell short of forecasts.
The company raised its 2025 full-year earnings guidance to $21.70–$22.00 per share.
Institutional investors held 74.19% of shares, with several firms adjusting stakes—Parsons Capital reduced its position, Gold Investment Management increased it, and Kennebec Savings Bank and Philip James Wealth Management also made minor changes.
The stock traded around $499.18, with a consensus "hold" rating and a target price of $494.00.
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Lockheed Martin superó las estimaciones de ganancias, pero no cumplió con las previsiones de ingresos, elevando las perspectivas para 2025.