Shares of Lockheed Martin closed Monday's trading session down by 0.5% to $210.97 as analysts anticipate a year-over-year drop in both profit and revenue.
For the latest quarter, Wall Street is expecting the company to earn $2.94 a share on revenue of $12.36 billion. These figures are lower than last year's fourth quarter earnings of $3.01 a share on revenue of $12.53 billion.
In November the company completed its $9.1 billion acquisition of Sikorsky Aircraft from United Technologies Corp. (UTX).
This is projected to support the company's top line, Forbes reports.
Additionally, in Late December the company won a contract worth over $1 billion from the U.S. Defense Department to make 32 C-130J aircrafts.
Despite winning these big contracts, the company is not likely to meet sales of $45.6 billion last year, according to the Wall Street Journal.
Separately, TheStreet Ratings currently has a Buy rating on the stock with a letter grade of B+.
The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and growth in earnings per share.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: LMT