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Risk-to-Price Commentary: Honeywell International Inc. And Lockheed Martin Corp. Apr 11 Product Image

Risk-to-Price Commentary: Honeywell International Inc. And Lockheed Martin Corp. Apr 11

  • ID: 1714883
  • April 2011
  • Region: Global
  • Standard & Poors

FEATURED COMPANIES

  • Goodrich Corp.
  • Litton Industries Inc.
  • Lockheed Martin Corp.
  • Northrop Grumman Corp.
  • Precision Castparts Corp.
  • TRW Automotive Inc.
  • MORE

Abstract
Though first-quarter earnings declined from the year-ago period, Lockheed Martin Corp. (LMT) on Tuesday reported a profit that exceeded the Capital IQ forecast and raised its 2011 earnings outlook as sales gains in the aeronautics and electronic segments offset declines in information systems and global solutions and space systems. From continuing operations, Lockheed earned $1.55 per share against $1.70 a year ago and analysts' expectations of $1.50. The company now expects to report a 2011 profit of $6.95 to $7.25 per share, up from previous guidance of $6.70 to $7. The company's CFO Bruce Tanner told MarketWatch that the company's cost cutting could allow it to beat its own estimate. Despite cutbacks in government spending, the Capital IQ first-quarter mean...

Companies mentioned in this report are:
- Goodrich Corp.
- Litton Industries Inc.
- United Technologies Corp.
- Honeywell International Inc.
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- TRW Automotive Inc.
- Precision Castparts Corp.

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance READ MORE >

Note: Product cover images may vary from those shown

- Goodrich Corp.
- Litton Industries Inc.
- United Technologies Corp.
- Honeywell International Inc.
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- TRW Automotive Inc.
- Precision Castparts Corp.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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