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.
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 ...
Key Takeaways Lockheed Martin missed revenue estimates as aerospace sales tumbled because of contractual and funding issues ...
LMT's Q3 results were mixed, with net sales missing consensus but adjusted EPS beating it. The company also raised its FY24 ...
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 (LMT) has recently been on ... The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior ...
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