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We haven't written up this one. Financial Times has the full story — the link below goes straight to it.
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Is Now a Good Time to Buy Lockheed Martin?
The company's massive backlog grew 27% this quarter and is approaching $300 billion.
- Lockheed Martin raised full-year guidance for second consecutive quarter
- Q3 sales grew 11% to $20.7 billion, EPS exceeded expectations by $0.50
- Dividend increased, marking 24 consecutive years of increases
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Is Now a Good Time to Buy Lockheed Martin?
Key PointsLockheed's third-quarter earnings per share hit $7.97, beating Wall Street's estimates.