10-26-2021, 01:16 PM
(10-26-2021, 01:06 PM)vbin Wrote:(10-26-2021, 12:35 PM)poneyboy Wrote: Lets see a $50 Haircut on LMT for a slight miss.. Hmmm I live for these sell offsI think outlook is what worrying some investors. U.S. just pulled out of af and there is no way Biden is going to challenge china. He can talk all he wants. LMT has also seen cost run ups and innovation challenges. Long term I feel it should still do well. The stock is dropping as if they are talking about ch11.
The company is now expecting adj. EPS of $27.17, compared with prior guidance of $26.70 to $27.00. It expects sales of $67.0 billion compared with prior guidance of $67.3 billion.
Not that bad to justify this kind of loss. If you look deep into earnings you will actually see $27.17 estimate is a bit high then previously expected. So to me that's a raise lol
I see a lot of people added LMT today. You get a 3% yielder now
Maybe the rest of the week more buying opportunities will come like FB. My question is why did they bid up FB Last night almost $15 lol.. Wall St crooks
surprising support from MS and CFRA today issuing an Overweight and Buy respectively.
So basically, the value and $6B buyback overshadow short term guidance issues.
I can see it getting back to $340 pretty quickly