Lockheed Martin(LMT)
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Lockheed Martin: Top Dividend Grower In Aerospace And Defense
Seeking Alpha· 2024-07-25 11:20
VanderWolf-Images/iStock Editorial via Getty Images The Aerospace and Defense Industry has long been a haven for income-oriented investors, boasting a deep roster of dividend-paying companies. Those looking to enter this space face a fortunate dilemma, as eighteen are currently rated as Buy or Strong Buy by analysts. This article aims to help readers navigate these promising options and identify the company that aligns most closely with their investment goals. For dividend growth investors, I argue that at ...
Lockheed Martin Goes Boom
Seeking Alpha· 2024-07-24 15:55
inhauscreativeIntroduction It's time to talk about Lockheed Martin Corporation (NYSE:LMT), a company that was my biggest holding until I bought the Texas Pacific Land Corporation (TPL) this year. During the pandemic, I started accumulating LMT stock for a number of reasons, including its anti-cyclical business model, its position at the very top of the NATO defense supply chain, and the fact that due to pandemic and government budget-related headwinds, the stock was simply irresistible (read: cheap). De ...
Lockheed Martin(LMT) - 2024 Q2 - Quarterly Report
2024-07-23 20:14
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 1-11437 LOCKHEED MARTIN CORPORATION (Exact name of registrant as specified in its charter) Maryland ...
Lockheed Martin Stock Climbs on Boosted Full-Year Guidance
Investopedia· 2024-07-23 19:26
Key TakeawaysLockheed Martin beat analysts' revenue and profit expectations when it posted second-quarter earnings Tuesday.The company also raised its full-year guidance.Lockheed Martin Chief Executive Officer (CEO) Jim Taiclet touted the defense and aerospace contractor's $160 billion order backlog. Lockheed Martin (LMT) surpassed analysts' expectations with its second-quarter results Tuesday and raised its full-year outlook, sending shares higher. The defense and aerospace contractor lifted its full-year ...
Lockheed Martin(LMT) - 2024 Q2 - Earnings Call Transcript
2024-07-23 16:49
Lockheed Martin Corporation (NYSE:LMT) Q2 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Maria Ricciardone - Vice President, Treasurer & Investor Relations Jim Taiclet - Chairman, President & Chief Executive Officer Jay Malave - Chief Financial Officer Conference Call Participants Kristine Liwag - Morgan Stanley Cai von Rumohr - TD Cowen Scott Deuschle - Deutsche Bank Gavin Parsons - UBS Pete Skibitski - Alembic Global Seth Seifman - JPMorgan Sheila Kahyaoglu - Jefferies Ken He ...
Lockheed Martin(LMT) - 2024 Q2 - Earnings Call Presentation
2024-07-23 15:08
JAMES D. TAICLET Chairman, President and CEO JAY MALAVE Chief Financial Officer MARIA RICCIARDONE Vice President, Treasurer & Investor Relations LOCKHEED MARTIN PROPRIETARY INFORMATION Lockheed Martin Corporation 2nd Quarter 2024 Conference Call July 23, 2024 Webcast login at: www.lockheedmartin.com/investor Webcast replay & podcast available by 2:00 p.m. ET July 23, 2024 at: www.lockheedmartin.com/investor Audio replay available from 2:00 p.m. ET July 23, 2024 through midnight July 24, 2024 Forward-Looking ...
Lockheed Martin (LMT) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-23 13:41
Lockheed Martin (LMT) came out with quarterly earnings of $7.11 per share, beating the Zacks Consensus Estimate of $6.45 per share. This compares to earnings of $6.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.23%. A quarter ago, it was expected that this aerospace and defense company would post earnings of $5.80 per share when it actually produced earnings of $6.33, delivering a surprise of 9.14%.Over the last four qu ...
Lockheed Martin(LMT) - 2024 Q2 - Quarterly Results
2024-07-23 11:31
Exhibit 99.1 News Release Lockheed Martin Reports Second Quarter 2024 Financial Results • Net sales of $18.1 billion, an increase of 9% year over year • Net earnings of $1.6 billion, or $6.85 per share, inclusive of net non-operational charges of $79 million ($63 million, or $0.26 per share, after-tax) • Cash from operations of $1.9 billion and free cash flow of $1.5 billion • $1.6 billion of cash returned to shareholders through dividends and share repurchases • 2024 outlook increased for sales, segment op ...
Here's What To Anticipate From Lockheed Martin's Q2?
Forbes· 2024-07-22 17:30
A Lockheed Martin F-35 Lightning II takes part in an air display on the opening day of the ... [+] Farnborough International Airshow 2024, south west of London, on July 22, 2024. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)AFP via Getty ImagesLockheed Martin (NYSE: LMT) will report its Q2 2024 results on Tuesday, July 23. We expect it to post revenue and earnings largely aligning with the street expectations. The company will likely benefit from a robust demand environment am ...
Worldwide C-130J Super Hercules Fleet Soars Past 3 Million Flight Hours
Prnewswire· 2024-07-22 11:00
FARNBOROUGH, England, July 22, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced today at the Farnborough International Airshow that the worldwide C-130J Super Hercules fleet recently surpassed 3 million flight hours. With 545+ Super Hercules delivered worldwide, this achievement reflects the C-130J's unmatched global reach, multi-mission versatility and proven tactical performance capabilities.Lockheed Martin announced that the global C-130J Super Hercules fleet has surpassed 3 million flight hour ...