The next four weeks are a busy earnings season, with many quarterly earnings releases scheduled and a bunch of stocks to watch. In this article, I will focus on Aerospace and Defense stocks that have earnings due in upcoming weeks. These stocks were selected based on popularity, volume and, more importantly, significant price changes expected due to earnings results and forecasts.
This article provides earnings previews on several stocks to consider in anticipation of their earnings reports. Use this list as a potential starting point for your analysis.
The Boeing Company (BA): April 25, 2012
The Boeing Company is an aerospace company. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network & Space Systems (N&SS), Global Services & Support (GS&S) and Boeing Capital Corporation (BCC).
Boeing has a market cap of $54.53 billion and will report its first-quarter earnings results on April 25, 2012, before the market open. First-quarter revenue is expected to be $18.39 billion compared with $14.91 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 93 cents from 78 cents in the year-ago period. Boeing is currently trading around $72.92 with a 52-week range of $56.01 to $80.65.
General Dynamics Corporation (GD): April 25, 2012
General Dynamics Corporation is an aerospace and defense company that offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; military and commercial shipbuilding, and communications and information technology. Its business groups include Aerospace, Combat Systems, Marine Systems and Information Systems and Technology. Recently, General Dynamics acquired the Enterprise Jet Center FBO (February 2012) at Hobby Airport in Houston, Texas.
General Dynamics has a market cap of $24.77 billion and will report its first-quarter earnings results on April 25, 2012, before the market open. The first-quarter revenue is expected to be $7.91 billion compared with $7.80 billion for the same quarter last year. Earnings per share for the first quarter are expected to be $1.7 from $1.64 in the year-ago period. General Dynamics is currently trading around $68.88 with a 52-week range of $53.95 to $75.93.
Northrop Grumman Corporation (NOC): April 25, 2012
Northrop Grumman Corporation provides products, services, and integrated solutions in aerospace, electronics, information and services to its global customers. As of December 31, 2011, the Company operated in four segments: Aerospace Systems, Electronic Systems, Information Systems and Technical Services.
Northrop Grumman has a market cap of $15.39 billion and will report its first-quarter earnings results on April 25, 2012, before the market open. First-quarter revenue is expected to be $6.27 billion compared with $6.73 billion for the same quarter last year. Earnings per share for the first quarter are expected to be $1.59 from $1.67 in the year-ago period. Northrop Grumman is currently trading around $60.81 with a 52-week range of $49.20 to $70.61.
Lockheed Martin Corporation (LMT): April 26, 2012
Lockheed Martin Corporation is a global security and aerospace company principally engaged in the research, design, development, manufacture, integration, and sustainment of technology systems and products. It also provides a range of management, engineering, technical, scientific, logistic, and information services.
Lockheed Martin has a market cap of $28.99 billion and will report its first-quarter earnings results on April 26, 2012, after the market close. First-quarter revenue is expected to be $10.56 billion, compared with $10.63 billion for the same quarter last year. Earnings per share for the first quarter are expected to be $1.7 from $1.55 in the year-ago period. Lockheed Martin is currently trading around $89.3 with a 52-week range of $66.36 to $91.61.
Barnes Group Inc. (B): April 27, 2012
Barnes Group Inc. is an international aerospace and industrial components manufacturer and logistics services company serving a range of end markets and customers. The products and services provided by Barnes Group are critical components for applications, which provide transportation, communication, manufacturing and technology. Barnes Group operates under two global business segments: Logistics & Manufacturing Services, and Precision Components.
Barnes Group has a market cap of $1.46 billion and will report its first-quarter earnings results on April 27, 2012, before the market open. First-quarter revenue is expected to be $310.56 million, compared with $318.75 million for the same quarter last year. Earnings per share for the first quarter are expected to be 44 cents from 34 cents in the year-ago period. Barnes Group is currently trading around $26.72 with a 52-week range of $17.47 to $28.35.
Sources: Some of the data is sourced from Google Finance, Yahoo Finance and investors site.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in BA, B, NOC, GD, LMT over the next 72 hours.
Disclaimer: I am not a registered investment advisor and do not provide specific investment advice. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion. It is up to the investors to make the correct decision after necessary research.
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