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.
Adobe Systems Incorporated (NASDAQ: ADBE) reported second quarter 2021 earnings results today. Total revenue grew 23% year-over-year to $3.84 billion. GAAP net income was $1.11 billion, or $2.32 per share,
Shares of Delta Air Lines Inc. (NYSE: DAL) have gained 45% over the past 12 months and 11% since the beginning of this year. After a particularly distressful period, like
The Kroger Co. (NYSE: KR) reported first-quarter 2021 earnings results today. Total company sales were $41.3 billion compared to $41.5 billion in the same period last year. Excluding fuel, sales