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Posts published in “Asides”

Cleveland-Cliffs (CLF) Stock Rises 7% on Strong Q3 Outlook After Q2 Earnings

TLDR Q2 EPS came in at -$0.20, missing estimates by $0.01; revenue of $5.2B met expectations CLF stock rose nearly 7% in pre-market trading after the earnings release Adjusted EBITDA tripled quarter-over-quarter to $286 million in Q2 Q3 adjusted EBITDA guidance of ~$575 million, more than double Q2 and well above analyst forecasts Full-year steel

RTX Stock Is Flying After Earnings — Here’s What the Numbers Say

TLDR RTX posted Q2 EPS of $1.89, beating the $1.66 estimate by $0.23 Revenue hit $24.7 billion, up 16% organically, topping the $22.88 billion consensus Full-year EPS guidance raised to $7.10–$7.25, up from $6.70–$6.90 Revenue guidance lifted to $95–$96 billion; organic sales growth now expected at 8–9% Backlog grew 22% to $289 billion...

Lockheed Martin (LMT) Stock Jumps 7% as Q2 Earnings Beat and Guidance Raised

TLDR Lockheed Martin reported Q2 EPS of $7.94 on revenue of $20.1 billion, beating Wall Street estimates of $7.23 EPS and $19.37 billion in revenue. Revenue grew 11% year-over-year, driven by growth across all four business segments. The company’s backlog hit a record $230 billion, up from $186 billion at the end of Q1...