With earnings on tap for Apr. 19, Lockheed Martin stock is trading about 2% under a 480.09 entry. The pattern is a second-stage flat base on the weekly chart.
Be aware that it's risky to buy any stock just before it reports. You can reduce your exposure by waiting to see how the company reports and how the market reacts.
Looking For Winning Stocks? Try This Simple Routine
Is Lockheed Martin's Earnings Growth Healthy?
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 12%, compared to 11% in the prior report. Revenue increased from -3% to 4%.
Consensus analyst estimates call for earnings-per-share growth of -6% for the quarter, and -4% growth for the full year.
Lockheed Martin has a 92 Composite Rating and earns the No. 7 rank among its peers in the Aerospace/Defense industry group. Rada Electronic Industries , Teledyne Technologies and AAR are among the top 5 highly rated stocks within the group.
Note: Dates for earnings reports are subject to change. Check the company's website for any updates.
