Investors Analyze These 3 Key Industrial Stocks Following Earnings Releases

Goodrich Corporation (NYSE:GR) in the first quarter as profit dropped from a year earlier. Net income for Goodrich Corporation fell to $188.2 million ($1.46 per share) vs. $194.8 million ($1.52 per share) a year earlier. This is a decline of 3.4% from the year-earlier quarter. Revenue rose 13.5% to $2.15 billion from the year-earlier quarter. Goodrich Corporation fell short of the mean analyst estimate of $1.64 per share. Analysts were expecting revenue of $2.12 billion.

Lockheed Martin (NYSE:LMT) reported net income above Wall Street’s expectations for the first quarter. Net income for Lockheed Martin rose to $668 million ($2.03 per share) vs. $530 million ($1.50 per share) in the same quarter a year earlier. This marks a rise of 26% from the year-earlier quarter. Revenue rose 6.3% to $11.29 billion from the year-earlier quarter. Lockheed Martin beat the mean analyst estimate of $1.70 per share. It beat the average revenue estimate of $10.56 billion.

L-3 Communication Holdings Inc. (NYSE:LLL) reported its results for the first quarter. Net income for L-3 Communication Holdings Inc. fell to $201 million ($2.01 per share) vs. $204 million ($1.85 per share) a year earlier. This is a decline of 1.5% from the year-earlier quarter. Revenue fell 0.4% to $3.59 billion from the year-earlier quarter. L-3 Communication Holdings Inc. beat the mean analyst estimate of $1.88 per share. It beat the average revenue estimate of $3.46 billion.