Shares of aerospace and defense company Raytheon (NYSE:RTX)
fell 3.2% in the morning session after the company reported its second-quarter financial results, which included a lower full-year earnings forecast due to the expected impact of tariffs and tax law changes.
Shares of security and Aerospace company Lockheed Martin (NYSE:LMT)
fell 6.6% in the morning session after the company reported disappointing second-quarter results and sharply lowered its full-year profit forecast.
Let's delve into the developments on the US markets in the middle of the day on Tuesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Defense stocks are well-positioned to benefit from increased spending globally, but Q2 results set them apart; this is a look at the winners and losers for Q3.
The company incurred $1.6 billion in pre-tax losses, primarily due to a classified Aeronautics program experiencing significant design, integration, and testing issues.
Security and Aerospace company Lockheed Martin (NYSE:LMT) fell short of the market’s revenue expectations in Q2 CY2025, with sales flat year on year at $18.16 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $74.25 billion at the midpoint. Its GAAP profit of $1.46 per share was 77.3% below analysts’ consensus estimates.
Before the opening bell on Tuesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
Defense titans Lockheed Martin, RTX Corp, and Northrop Grumman Corp report earnings. RTX has strong momentum but high valuations, LMT is struggling, and NOC is a steady performer.
