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Lockheed Martin Declares Second Quarter 2024 Dividend and Announces Election of Thomas Falk as Independent Lead Director of the Board
Prnewswire· 2024-05-02 20:41
BETHESDA, Md., May 2, 2024 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT) board of directors has authorized a second quarter 2024 dividend of $3.15 per share. The dividend is payable on June 28, 2024, to holders of record as of the close of business on June 3, 2024.  The independent members of Lockheed Martin's board of directors also unanimously elected Thomas J. Falk as independent lead director of the board effective today, succeeding Daniel F. Akerson who, along with James O. Ellis, Jr., retired from t ...
Is Trending Stock Lockheed Martin Corporation (LMT) a Buy Now?
Zacks Investment Research· 2024-04-30 14:06
Lockheed Martin (LMT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this aerospace and defense company have returned +3.3%, compared to the Zacks S&P 500 composite's -2.5% change. During this period, the Zacks Aerospace - Defense industry, which Lockheed falls in, has lost 8.3%. The key question now is: What could be the stock's fut ...
The Top 3 Space Stocks to Buy in April 2024
InvestorPlace· 2024-04-26 10:15
In February 2024, investors were reminded why the space economy matters, and why it’s a good time to consider the top space stocks. The United States returned to the moon with the privately built Nova C Odysseus lander. And the lander was launched from a SpaceX Falcon 9 rocket.  Although the mission wasn’t perfect, it does provide a glimpse of what’s possible in space exploration. The next race to send humans to the moon is on. And the idea of sending a manned mission to Mars no longer seems like science fi ...
Lockheed Martin Stock Will Likely Remain In Focus After A Stellar Q1
Forbes· 2024-04-26 10:00
LISBON, PORTUGAL - APRIL 25: Portuguese Air Force F-16 M Fighting Falcons fly over Praça do Comercio ... [+] during the military parade that opens the official ceremonies in celebration of the 50th anniversary of 1974 Carnation Revolution (Revolução dos Cravos) on April 25, 2024 in Lisbon, Portugal. (Photo by Horacio Villalobos#Corbis/Getty Images)Getty ImagesLockheed Martin Lockheed Martin (NYSE: LMT) recently reported its Q1 results, with revenues and earnings above the street estimates. The company repor ...
Investor Alert: Prepare for the Market Crash With These 3 Stocks
InvestorPlace· 2024-04-23 21:11
As an investor with significant positions in equities, I am an optimist. However, it’s important to be realistic at the same time. This helps in readjusting the portfolio depending on macroeconomic, geopolitical, and other headwinds. In my view, potential delay in rate cuts is likely to make the market nervous as it might imply a hard landing for the economy. I would therefore look at stocks to buy for a market crash.I must however add that I see the first-rate cut coming before the Presidential elections. ...
Lockheed Martin(LMT) - 2024 Q1 - Quarterly Report
2024-04-23 20:15
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 March 31, 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(LMT) - 2024 Q1 - Earnings Call Transcript
2024-04-23 18:23
Lockheed Martin Corporation (NYSE:LMT) Q1 2024 Earnings Conference Call April 23, 2024 11:00 AM ET Company Participants Maria Ricciardone - VP, Treasurer & IR Jim Taiclet - Chairman, President & CEO Jay Malave - CFO Conference Call Participants Doug Harned - Bernstein David Strauss - Barclays Peter Arment - Baird Matt Akers - Wells Fargo Ron Epstein - Bank of America Rob Spingarn - Melius Research Rob Stallard - Vertical Research George Shapiro - Shapiro Research Noah Poponak - Goldman Sachs Rich Safran - S ...
Lockheed Martin (LMT) Surpasses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-23 17:46
Lockheed Martin (LMT) came out with quarterly earnings of $6.33 per share, beating the Zacks Consensus Estimate of $5.80 per share. This compares to earnings of $6.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.14%. A quarter ago, it was expected that this aerospace and defense company would post earnings of $7.26 per share when it actually produced earnings of $7.90, delivering a surprise of 8.82%.Over the last four qua ...
Lockheed Martin(LMT) - 2024 Q1 - Earnings Call Presentation
2024-04-23 15:05
JAMES D. TAICLET Chairman, President and CEO Lockheed Martin JAY MALAVE Chief Financial Officer Corporation 1st Quarter 2024 Conference Call April 23, 2024 Webcast login at: www.lockheedmartin.com/investor Webcast replay & podcast available by 2:00 p.m. ET April 23, 2024 at: www.lockheedmartin.com/investor ...
Lockheed (LMT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-04-23 14:36
Lockheed Martin (LMT) reported $17.2 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 13.7%. EPS of $6.33 for the same period compares to $6.43 a year ago.The reported revenue represents a surprise of +6.21% over the Zacks Consensus Estimate of $16.19 billion. With the consensus EPS estimate being $5.80, the EPS surprise was +9.14%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...