5 Defense Stocks Poised to Surpass Q1 Earnings Estimates
CAE(CAE) Zacks Investment Research·2024-04-29 20:31
The first-quarter reporting cycle for defense stocks, which are housed within the broader Aerospace sector, is underway, with a handful of industry players having released mixed quarterly performance so far. In particular, while defense bigwigs like Northrop, L3Harris Technologies, Lockheed and RTX have beat on earnings, major contractors like General Dynamics and Textron lagged the same.Taking a look at the whole picture, we remain optimistic about the first-quarter results of the remaining defense majors, ...