Lockheed Martin Announces First Quarter 2012 Results- LMT, BA, RTN, NOC, JNJ, GD, PG

Lockheed Martin Corporation (NYSE:LMT) unveiled on Thursday its Q1 2012 net sales of $11.3 billion evaluated with $10.6 billion in 2011.  Earnings from ongoing operations through the Q1 of 2012 were $665 million, or $2.02 a diluted share, evaluated with $556 million, or $1.57 a diluted share, in 2011.  Cash from operations during the Q1 of 2012 was $458 million, following pension contributions of $505 million and tax payments of $150 million, evaluated with to cash from operations of $1.7 billion during the Q1 of 2011, which benefited from a tax refund of $236 million and no pension contributions.

Turning towards the sector The Boeing Company (NYSE:BA) lost -0.12%, Raytheon Company (NYSE:RTN) rose +1.93%, Northrop Grumman Corporation (NYSE:NOC) grew +0.68%, Johnson & Johnson (NYSE:JNJ) surged +0.50%, General Dynamics Corporation (NYSE:GD) which slipped -0.75% and The Procter & Gamble Company (NYSE:PG) moved down -0.03%.

Lockheed Martin Corporation (NYSE:LMT) stock’s trade at beginning with a price  of  $91.41 and throughout the trading session climbed at a high of $92.24 other than when day-trade ended the stock finally advanced +0.79% to $91.70.

Shares price of LMT moved up from its 20 days moving average with 1.85% and remote positively from 50 days moving average with 2.87%. LMT current year earnings per share experienced an addition with 10.55% while its current quarter performance remained 12.45%.

LMT had a trade volume of 1.98 million shares was higher as compared to average trading capacity of 1.46 million shares.

LMT last month stock price volatility remained 1.18%. In its share capital LMT has 324.65 million outstanding shares among them 320.97 million shares have been floated in market exchange. LMT stock institutional ownership remained 91.74% while insider ownership included 0.11%.

The stock is ahead its 52 week low with 43.01% and lagging behind from its 52 week high price with -0.21%. Company’s beta coefficient included 0.91. Beta factors measures the amount of market risk associated with market trade.

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