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.
Lockheed Martin (NYSE: LMT) beat on earnings but missed on revenue because of F-35 delivery delays, and narrowed its ...
Lockheed Martin’s (NYSE:LMT) shares fell as much as 4.6% in the first hour of regular trading on Tuesday after the aerospace ...
Defense contractor Lockheed Martin lifted its annual profit and sales forecasts on Tuesday, but shares slid 5% because the ...
Tuesday morning, Lockheed Martin reported third quarter earnings per share of $6.80. Wall Street was looking for about $6.50, ...
Lockheed Martin missed third-quarter revenue estimates as aerospace sales tumbled because of contractual and funding issues ...
“As expected, aeronautics was down primarily due to delayed revenue recognition of approximately $700 million associated with ...
Lockheed Martin Corp. raised its outlook for the second time this year after sales of its missiles and radars were higher ...
Sees 10-20bps improvement in segment margins per year. Sees low single digit growth CAGR in free cash flow through 2027. Published first on ...
Defense contractor stocks are drawing attention as Lockheed Martin (LMT) and RTX (RTX) face market pressure on Tuesday. The ...
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