Quarterly Earnings Releases, Awards, Contracts, Technical Updates, and Conference Highlights - Research Reports on KB Home, Raytheon, Fluor, Martin Marietta and Lockheed
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, September 29, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding KB Home (NYSE: KBH), Raytheon Company (NYSE: RTN), Fluor Corporation (NYSE: FLR), Martin Marietta Materials Inc. (NYSE: MLM) and Lockheed Martin Corporation (NYSE: LMT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6821-100free.
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KB Home Research Reports
On September 24, 2014, KB Home announced its Q3 FY 2014 financial results (period ended August 31, 2014). Helped by the higher average selling prices, the Company said that its revenues during the quarter rose 7.3% YoY to $589.2 million. KB Home said that average selling price rose 9.3% YoY to $327,000 in Q3 FY 2014. KB Home's net income during the quarter rose 4.0% YoY to $28.4 million. However, on a per diluted share basis, the Company's net income dropped to $0.28 in Q3 FY 2014 from $0.30 in the year ago period. Both the revenue and the net income missed analyst estimates, sending the Company's shares down by 5.30% for the day. On average, analysts polled by Reuters expected KB Home's EPS at $0.40 on revenue of $646.8 million. The full research reports on KB Home are available to download free of charge at:
http://www.analystsreview.com/Sep-29-2014/KBH/report.pdf
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Raytheon Company Research Reports
On September 24, 2014, Raytheon Company (Raytheon) announced that it has recognized 27 middle and high-school math professionals as "Math Heroes" for their creative and interactive techniques to make math real and relatable for their students. Raytheon Math Hero winners received a $2,500 award and a matching grant for their respective schools from the Company. "Math Heroes challenge students to discover how math shapes their world - breeding curiosity and confidence in the subject," said Pamela Erickson, Raytheon's Vice President of Corporate Affairs. The full research reports on Raytheon are available to download free of charge at:
http://www.analystsreview.com/Sep-29-2014/RTN/report.pdf
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Fluor Corporation Research Reports
On September 23, 2014, Fluor Corporation (Fluor) announced that it has received an engineering, procurement, fabrication and construction contract from Fort Hills Energy L.P. for the utilities scope of the Fort Hills oil sands mining project. Located at about 90 kilometers north of Fort McMurray in Alberta, Canada, the project will be developed as an open-pit truck and shovel mine and is planned to yield 180,000 barrels of bitumen per day at full production. First oil is expected as early as Q4 2017. "Fluor will apply our unique modular design and execution approach using our proprietary 3rd Gen Modular ExecutionSM technology. We will fabricate a significant number of components offsite in order to deliver both schedule and capital efficiencies to Fort Hills," said Jim Brittain, President of Fluor's Energy & Chemicals business for the Americas region. Fluor booked the contract for $1.3 billion in Q3 2014. The full research reports on Fluor are available to download free of charge at:
http://www.analystsreview.com/Sep-29-2014/FLR/report.pdf
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Martin Marietta Materials Inc. Research Reports
On September 24, 2014, the stock of Martin Marietta Materials Inc. (Martin Marietta) gained 1.73% to end the trading session at $132.25. During the session, shares in Martin Marietta opened at $129.45, and moved in a range of $129.20 - $132.31, with a total of 1.30 million shares changing hands. The stock gained for the fourth consecutive session. Moreover, it closed above its 50-day and 200-day moving averages of $128.69 and $120.41, respectively. The stock has increased by 2.28% in the last one month, as compared to the S&P 500 index which increased 0.02% during the same period. The full research reports on Martin Marietta are available to download free of charge at:
http://www.analystsreview.com/Sep-29-2014/MLM/report.pdf
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Lockheed Martin Corporation Research Reports
On September 24, 2014, Lockheed Martin Corporation (Lockheed) announced that its Chairman, President and CEO Marillyn Hewson shared her vision for the future with the Company's top professionals at the eighth annual Lockheed Martin Fellows Conference in Orlando, Florida, on September 9, 2014. At the conference, Hewson outlined the Company's strategic technology initiatives, highlighted new Science, Technology, Engineering and Math (STEM) education efforts and challenged the audience to collaborate across the globe, connect technology development efforts to meet future customer needs and help inspire the next generation of technical leaders. "I believe that our purpose at Lockheed Martin is to change the world for the better," Hewson said in her remarks at the conference. The full research reports on Lockheed are available to download free of charge at:
http://www.analystsreview.com/Sep-29-2014/LMT/report.pdf
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