NEW YORK, July 31, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports
highlighting Lockheed Martin Corporation (NYSE: LMT), General
Dynamics Corp. (NYSE: GD), FLIR Systems, Inc. (NASDAQ: FLIR),
Spirit AeroSystems Holdings, Inc. (NYSE: SPR), and Embraer SA
(NYSE: ERJ). Today's readers may access these reports free of
charge - including full price targets, industry analysis and
analyst ratings - via the links below.
Lockheed Martin Corporation Research
Report
On July 23, 2013, Lockheed Martin
Corporation (Lockheed Martin) released its Q2 2013 and H1 2013
financial results. Net sales for Q2 2013 were down 4.3% YoY to
$11.4 billion. Net earnings were up
10% YoY to $859 million and diluted
EPS was up 10.9% YoY to $2.64. Cash
from operations was down 26.3% YoY to $623
million. H1 2013 net sales were down 3.2% YoY to
$22.5 billion. Net earnings were up
11.8% YoY to approximately $1.6
billion and diluted EPS was up 12.7% YoY to $4.97. Cash from operations was up 107.8% YoY to
$2.7 billion. Marillyn Hewson, President and CEO of Lockheed
Martin, commented, "Overall, we had strong operational performance
and program execution across all business areas this quarter,
enabling us to increase 2013 financial guidance for operating
profit, earnings per share, and cash from operations." The Company
also increased its 2013 outlook for consolidated operating profit
to be in the range of approximately $4.6
billion to $4.7 billion; diluted EPS in the range of
$9.20 to $9.50; and cash from
operations to be approximately $4.2
billion. The Full Research Report on Lockheed Martin
Corporation - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/5cf2_LMT]
General Dynamics Corp. Research
Report
On July 24, 2013, General Dynamics
Corp. (General Dynamics) released its Q2 2013 and H1 2013 financial
results. Q2 2013 revenues were down 0.1% YoY to approximately
$7.9 billion. Operating earnings were
down 1% YoY to $960 million. Net
earnings were up 0.9% YoY to $640
million and diluted EPS was up 2.3% YoY to $1.81. For H1 2013, revenues were down 1.2% YoY
to $15.3 billion. Operating earnings
were down 1.3% YoY to $1.8 billion.
Net earnings during H1 2013 were up 1.1% YoY to approximately
$1.2 billion, whereas diluted EPS was
up 2.7% YoY to $3.43. Phebe N. Novakovic, Chairman and CEO of General
Dynamics stated, "General Dynamics' performance in the second
quarter shows the results of our focus on operational excellence
and discipline in our execution. We are committed to being the
highest-value producer in each of the markets we serve, and to
creating additional value through continuous improvement and
shareholder-friendly capital deployment." The Full Research Report
on General Dynamics Corp. - including full detailed breakdown,
analyst ratings and price targets - is available to download free
of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/3505_GD]
FLIR Systems, Inc. Research Report
On July 25, 2013, FLIR Systems,
Inc. (FLIR) released its Q2 2013 and H1 2013 financial results. Q2
2013 revenues were up 15.1% YoY to $389.3
million. Net earnings were up 22.1% YoY to $50.2 million and diluted EPS was up 29.6% YoY to
$0.35. For H1 2013, revenues were up
7.5% YoY to $737.9 million. Net
earnings were up 14.1% YoY to $101.8
million and diluted EPS was up 22.8% YoY to $0.70 during Q2 2013. Andy Teich, President and CEO of FLIR, said, "We
saw solid growth in revenue, operating income, cash flow, and
earnings per share in the second quarter, and increased backlog in
both divisions. We introduced several new products during the
quarter, with more on the horizon. I am very excited about our
future given our market presence, product suite, and ability to
execute for our customers and our shareholders." For full-year
2013, the Company expects revenue in the range of $1.5 billion to $1.6 billion and net earnings per
diluted share of $1.56 to $1.66. The
Full Research Report on FLIR Systems, Inc. - including full
detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/335f_FLIR]
Spirit AeroSystems Holdings, Inc.
Research Report
On July 26, 2013, Spirit
AeroSystems Holdings, Inc. (Spirit AeroSystems) announced that it
will release its Q2 2013 financial results on Tuesday, August 6, 2013 at 6:30 a.m. CT. Spirit AeroSystems reported that
Larry Lawson, President and CEO, and
Phil Anderson, Senior Vice President
and CFO, will participate during the conference call at
10:00 a.m. CT, to discuss Q2 2013
results and the Company's outlook. The Full Research Report on
Spirit AeroSystems Holdings, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/ed38_SPR]
Embraer SA Research Report
On July 25, 2013, Embraer SA
(Embraer) released its Q2 2013 financial results. Revenues were
down 9.2% YoY to approximately $1.6
billion. Adjusted net income was down 42.2% YoY to
$91.8 million. Net loss was
$5.3 million, compared to net income
of 54.6 million in Q2 2012. Net cash was down 80% YoY to
$58 million. Embraer stated that it
delivered 22 commercial and 29 executive (23 light and 6 large)
jets during Q2 2013. The Company also reported that it has reached
a record backlog of $17.1 billion -
its highest level since Q3 2009, primarily led by significant
orders in the Commercial aviation segment. The Full Research Report
on Embraer SA - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/9dc2_ERJ]
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