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Lockheed Martin Raises Full-Year Profit Outlook
Lockheed Martin shares slide 5% on F-35 headwinds despite lifting profit and sales forecast
Defense contractor Lockheed Martin lifted its annual profit and sales forecasts on Tuesday, but shares slid 5% because the company's F-35 fighter jet program faced payment headwinds stemming from the government contracting process.
Lockheed Martin Raises Full-Year Profit Outlook as 3Q Sales Rise
Lockheed Martin raised its full-year earnings guidance after sales edged higher and its backlog hit a new high in the third quarter. The world's biggest military contractor posted net earnings of $1.6 billion, or $6.80 a share, compared with $1.7 billion, or $6.73 a share, in the same quarter last year.
Lockheed Martin Lifts Profit View
Lockheed Martin raised full-year earnings guidance after sales increased and its backlog hit a new high last quarter. The world's biggest military contractor recorded lower sales in its aeronautics and space businesses,
21m
on MSN
Lockheed Martin Stock Sinks as F-35 Sales Decline Weighs on Revenue
Lockheed Martin missed third-quarter revenue estimates as aerospace sales tumbled because of contractual and funding issues ...
1h
on MSN
Lockheed Martin Delivered A Rock Solid Quarter. Now Investor Attention Turns To This.
Tuesday morning, Lockheed Martin reported third quarter earnings per share of $6.80. Wall Street was looking for about $6.50, ...
1h
on MSN
Why Lockheed Martin Stock Is Losing Ground Today
Lockheed Martin (NYSE: LMT) beat on earnings but missed on revenue because of F-35 delivery delays, and narrowed its ...
1h
on MSN
Lockheed sees higher sales on strong missile, radar orders
Lockheed Martin Corp. raised its outlook for the second time this year after sales of its missiles and radars were higher ...
1h
Lockheed Martin reports Q3 cash from operations of $2.4B; free cash flow $2.1B
EDT Lockheed Martin (LMT) reports Q3 cash from operations of $2.4B; free cash flow $2.1B Published first on TheFly – the ultimate ...
1h
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 ...
1d
What To Expect From Lockheed Martin’s Q3?
We expect the company to post mixed results, with revenue of $17.0 billion and earnings of $6.50 per share, compared to the ...
Benzinga.com
5h
Lockheed Martin Raises Annual EPS Guidance But Struggles With Sales; Stock Slips
Lockheed
Martin
's Q3 net sales rose 1.3% to $17.104 billion, missing the $17.351 billion consensus. Adjusted EPS ...
1d
Lockheed Martin (LMT) To Report Earnings Tomorrow: Here Is What To Expect
Security and Aerospace company Lockheed Martin (NYSE:LMT) will be reporting results tomorrow morning. Here’s what to look for ...
GovCon Wire
7h
Maria Demaree Shares Lockheed Martin’s 3 Key IRAD Efforts
According to Demaree, Lockheed is focusing on three key initiatives to help better align the company’s IRAD efforts to its ...
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