Lockheed Martin Tops Q3 EPS Forecast
Third-quarter EPS of $6.80 beat expectations by 4.6%, driven by efficient cost management and improved margins. Key segments such as Missiles and Fire Control (MFC) achieved an 8% year-over-year uptick in net sales and a 15% boost in operating profits. The Rotary and Mission Systems (RMS) segment managed a 6% sales increase.
Susquehanna lowered the firm’s price target on Lockheed Martin (LMT) to $695 from $705 and keeps a Positive rating on the shares. The ...
LMT's Q3 results were mixed, with net sales missing consensus but adjusted EPS beating it. The company also raised its FY24 ...
For Q3 2024, Lockheed Martin reported adjusted earnings of $6.84 per share, exceeding the Zacks Consensus Estimate of $6.47 ...
For fiscal 2024, the company now expects earnings per share of around $26.65, higher than previously expected $26.10 to $26.60. Analysts on average expect the company to report earnings of $26.44 per ...
Lockheed Martin's Q2 showed 9% revenue growth, an EPS beat, and upgraded guidance, raising hopes for a turning point amid high demand. Despite strong performance, long-term growth remains ...
Lockheed Martin beat analysts’ revenue expectations by 6.5% last quarter, reporting revenues of $18.12 billion, up 8.6% year on year. It was an exceptional quarter for the company, with an ...
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