RTX Stock Up on Results, Outlook; Lockheed Martin Shares Down on Sales, Guidance
1. Lockheed Martin missed sales estimates and issued weaker profit guidance. 2. RTX exceeded profit forecasts with a 9% revenue increase year-over-year. 3. Lockheed's shares fell nearly 8% due to a significant charge from classified programs. 4. RTX anticipates full-year EPS of $6.00 to $6.15, while Lockheed's is lower. 5. Lockheed's classified program losses impacted Aeronautics and MFC segments significantly.