Surprisingly Strong Defense Earnings

Today, analysts Brendan Byrnes and Austin Smith discuss Lockheed Martin's surprisingly strong earnings report. The company easily beat expectations and even raised full-year guidance, mainly via slashing costs and increasing margins. But defense cuts could still eat into profits, and investors should track the sequestration process as well.

The upcoming sequestration possibility is just one area that could swing on the presidential election in November. Learn about The Stocks That Could Skyrocket After the Presidential Election in our analysts' newest report. After reading it you'll be prepared to profit -- no matter who wins. Read more here.

Austin Smith and Brendan Byrnes have no positions in the stocks mentioned above. The Motley Fool owns shares of Lockheed Martin. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1963925, ~/Articles/ArticleHandler.aspx, 8/30/2014 12:43:28 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement