— Lockheed Martin Corporation (NYSE: LMT) reported third-quarter 2019 earnings of $5.66 per share, vs. $5.02 expected.
— Total revenue rose 6.2% to $15.2 billion, vs. $14.87 billion expected. Aeronautics and Missiles and Fire Control units delivered strong revenue growth.
— Q3 backlog of $137.4 billion.
— For FY19, expects net sales of approx. $59.1 billion and EPS of $21.55 per share. Earlier the company had expected EPS in the range of $20.85 – $21.15
— LMT shares were down 1.6% during pre-market trading hours.
Shares of KB Home (NYSE: KBH) were up slightly on Friday. The stock has dropped 40% year-to-date and 35% over the past 12 months. The company delivered mixed results for
Warehouse behemoth Costco Wholesale Corporation (NASDAQ: COST) has reported a 15% increase in fourth-quarter 2022 revenues, which translated into double-digit growth in net income. Fourth-quarter revenues increased sharply to $72.09 billion.
Cargo giant FedEx Corporation (NYSE: FDX) Thursday reported a decline in first-quarter adjusted earnings, despite an increase in revenues. The company also provided guidance for fiscal 2023. Net income, adjusted