Schaeffers Investment Research·2025-10-21 18:35Summary of Key Points Core Viewpoint - The earnings reports of Lockheed Martin Corp (LMT), Northrop Grumman Corp (NOC), and RTX Corp (RTX) reveal mixed results, with RTX outperforming its peers while LMT and NOC face challenges despite some positive indicators. Group 1: Lockheed Martin Corp (LMT) - LMT's stock is down 2.7% to $491.89 despite an optimistic full-year profit forecast and strong demand, alongside better-than-expected third-quarter earnings and revenue [1] - The stock shows a year-over-year deficit of 19.9%, but support at the $480 level appears to be holding [1] Group 2: Northrop Grumman Corp (NOC) - NOC's shares are down 1.2% at $594.92, impacted by a revenue miss in the third quarter and lowered sales guidance, overshadowing an earnings beat and full-year profit increase [2] - The stock is experiencing its fourth loss in five sessions, retreating from a record high of $640.90 on October 9 to its lowest level since September, yet still maintains a year-over-year gain of 27% [2] Group 3: RTX Corp (RTX) - RTX is performing well, up 8% to $173.52 after exceeding both top- and bottom-line estimates for the third quarter and raising its full-year outlook due to strong jet-engine demand [3] - The stock reached a record high of $178.76 and currently shows a significant year-over-year gain of 50.3% for 2025 [3] Group 4: Options Activity - All three companies are experiencing typical options activity, with LMT and NOC seeing double the usual intraday options volume, while RTX is seeing triple the usual amount [4] - The most active options for LMT and RTX are the weekly 10/24 505- and 180-strike calls, while NOC's leading contract is the November 90 call [4]