Lockheed Martin, Crane Co, Seagate Technology and more - PRE-MARKET
Last updated: 07:50 29 Jan 2018 EST, First published: 02:50 29 Jan 2018 EST
US benchmarks closed higher on Friday, but futures point lower as the new trading week begins.
Engineering giant Lockheed Martin Corporation (NYSE:LMT) is in focus and shares gained 3.36% after hours to US$357.50 as its fourth-quarter numbers cheered the market.
Lockheed Martin beats by $0.23, beats on revenue $LMT https://t.co/gwgV8fTGjy
— Paul Baron ???????????????? (@pbarc552) 29 January 2018
Revenue for the fourth quarter was US$15.14bn against a consensus of US$ 14.73bn. Adjusted EPS (earnings per share) was US$4.30 against consensus of US$4.04.
Elsewhere, Seagate Technology PLC (NASDAQ:STX) is up 2.06% in pre-market to US$56.07. The company is estimated to report quarterly earnings of US$1.15 per share on revenues of $2.74bn.
Reinsurance Group of America Inc (NASDAQ:RGA) closed 0.42% lower on Friday.
Analysts on Wall Street estimate the group to have earned US$2.84 per share on revenues of US$3.18bn in the latest quarter.
The company will release earnings after the markets close.
Last but not least, Crane Co (NYSE:CR) closed on Friday, up 0.26% to US$94.09. The firm is expected to post quarterly earnings of US$1.17 per share on revenues of US$701.94mln after the closing bell.
