Lockheed Martin Corporation (NYSE: LMT) reported its financial results for the quarter ended March 31, 2020 today.
Lockheed posted a 0.8% rise in earnings for the first quarter of 2020 helped by lower interest expense and operating income despite a rise in income tax expense and increased cost of sales. The company lowered its financial guidance for fiscal 2020 to reflect the currently expected impacts related to the COVID-19 global pandemic.
The ultimate impact of the virus on the corporation’s financial outlook for 2020 remains uncertain. The company lowered its full-year net sales outlook to the range of $62.25-64 billion from the prior range of $62.75-64.25 billion while maintaining its EPS guidance of $23.65-23.95.
Walt Disney (DIS): After a tough FY20, the pandemic is likely to take a toll on operations next year too
The Walt Disney Company (NYSE: DIS) had a tough time in fiscal year 2020 with the COVID-19 pandemic bringing its operations to a standstill like never before. The company incurred
The recent optimism about economic recovery waned slightly this week after jobless claims increased more-than-expected to about 778,000 amid concerns over a resurgence in coronavirus cases. With the healthcare system
Yunji Inc. (NASDAQ: YJ) Q3 2020 earnings call dated Nov. 26, 2020 Corporate Participants: Kaye Liu -- Investor Relations Director Shanglue Xiao -- Chairman of the Board of Directors and Chief Executive Officer Chen