Lockheed Martin (LMT)

Lockheed Martin Corp (LMT.N) posted better-than-expected quarterly profit aided by a lower tax rate and share count on Tuesday, but revenue missed Wall Street estimates and the defense contractor warned earnings would drop in 2010, sending its shares down more than 5 percent.
But, Goldman Sachs analyst Noah Poponak said it is "difficult to find any positives" in the results." "Similar to last quarter's disappointment, we believe results indicate that the tides are changing in defense vs. the weaker-than-expected results being attributable to company- specific issues."

Oct 20 · 11:44:00 AM · Source: Reuters
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by Larry Etter