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Lockheed Martin Sentiment Hit By Charges And Headwinds, But Analysts Remain Bullish On F-35 Ramp Up

1. Lockheed Martin's EPS surpassed expectations at $7.71. 2. Revenue of $18.6 billion slightly missed BofA's estimate. 3. F-35 deliveries totaled 110, exceeding forecasted 100 units. 4. Significant charges of $1.7 billion impacted earnings and margins. 5. Analysts remain optimistic despite losses from classified programs.

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FAQ

Why Neutral?

While positive earnings beat expectations, significant charges and lowered forecasts may deflate bullish sentiment.

How important is it?

Analyst ratings and product deliveries are crucial for price predictions; however, losses temper optimism.

Why Short Term?

Immediate price effects due to quarterly performance may stabilize as outlook improves for 2025.

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