Lockheed Martin Corp (NYSE:LMT), Northrop Grumman Corp (NYSE:NOC), and RTX Corp (NYSE:RTX) are all fresh off the earnings confessional. Below, let's take a closer look at these defense giants' results.
LMT was last seen 2.7% lower to trade $491.89, brushing off an upbeat full-year profit forecast amid strong demand, as well as better-than-expected third-quarter earnings and revenue. The equity carries a 19.9% year-over-year deficit, but support from the $480 level looks ready to contain today's pullback.
NOC is down 1.2% at $594.92 at last check, with a third-quarter revenue miss and sashed sales guidance overshadowing the company's earnings beat and full-year profit hike. The shares are eyeing their fourth loss in the last five sessions, as they pull back from an Oct 9. record high of $640.90 to their lowest level since September. Year over year, the stock still sports a 27% lead.
RTX is outpacing its peers, up 8% to trade at $173.52 at last glance, after the company handily bested top- and bottom-line estimates for the third quarter and raised its full-year outlook, citing jet-engine demand. RTX earlier notched a record high of $178.76 and now sports a 50.3% lead for 2025.
All three equities are seeing usual options activity in the options pits today. LMT and NOC are seeing double the overall intraday options volume, while RTX is seeing triple the usual amount. For LMT and RTX, the weekly 10/24 505- and 180-strike calls are the most active contracts, while for NOC it's the November 90 call that is leading the charge.
