Net sales of $17.1 billion, an increase of 1% year over yearNet earnings of $1.6 billion, or $6.80 per shareCash from operations of $2.4 billion and free cash flow of $2.1 billion$1.6 billion of cash returned to shareholders through dividends and share repurchases Increased share repurchase authority by $3.0 billion to a total authorization of $10.3 billionIncreased quarterly dividend 5% to $3.30 per share2024 financial outlook increasedBETHESDA, Md., Oct. 22, 2024 /PRNewswire/ -- Lockheed Martin Corporatio ...

Defense and aerospace firm Lockheed Martin Corp (NYSE:LMT) is scheduled to report earnings before the open on Tuesday, Oct. 22. Per Reuters, Wall Street expects the company's third-quarter adjusted earnings per share to come in at $6.50 on revenue of $17.28 billion, the latter of which is a 2.8% year-over-year increase. Ahead of the event, LMT is up 0.4% at $614.04, and earlier touched a record high of $618.95.Over the last two years, LMT finished post-earnings sessions higher five times, and averaged a 3.3 ...

SAN DIEGO, CALIFORNIA - SEPTEMBER 28: A U.S. Marine F-35B Lightning II (Joint Stike Fighter) flies ... [+] during the Marine Corps Air Station Miramar Airshow on September 28, 2024 in San Diego, California. (Photo by Kevin Carter/Getty Images)Getty ImagesLockheed Martin (NYSE: LMT) will report its Q3 2024 results on Tuesday, October 22. We expect the company to post mixed results, with revenue of $17.0 billion and earnings of $6.50 per share, compared to the consensus estimates of $17.4 billion and $6.50, r ...

Wall Street analysts expect Lockheed Martin (LMT) to post quarterly earnings of $6.47 per share in its upcoming report, which indicates a year-over-year decline of 4.4%. Revenues are expected to be $17.28 billion, up 2.4% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveals its e ...

Lockheed Martin Corporation (LMT) is slated to release third-quarter 2024 results on Oct. 22, before the opening bell.The Zacks Consensus Estimate for revenues is pegged at $17.28 billion, implying 2.4% growth from the year-ago quarter's reported figure. The consensus mark for third-quarter earnings is pegged at $6.43 per share, suggesting a 5% decline from $6.77 reported in the prior-year quarter. The bottom-line estimate has inched up 0.5% in the past 60 days.Image Source: Zacks Investment ResearchLMT, Am ...

Lockheed Martin (LMT) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Octob ...

Lockheed Martin Corp.’s (LMT) business unit, Aeronautics, recently clinched a modification contract to incorporate the advanced integrated defensive electronic warfare (EW) suite for F-16 aircraft. The award has been offered by the Air Force Lifecycle Management Center, F-16 foreign military sales (FMS) Contracting, Hill Air Force Base, UT.Valued at $28.4 million, the contract is projected to be completed by Dec. 30, 2029. Work related to this deal will be executed in Fort Worth, TX. The contract includes F ...

This company has durable long-term contracts that make its earnings highly predictable.Dividend investing is a tried-and-true strategy for building long-term wealth. It may not be as sexy as buying the hottest hyper-growth stocks or cutting-edge technology companies, but dividend stocks can be the tortoise that drives steady portfolio wealth when looking at a multi-decade period. And it does take time. For example, if you buy a dividend stock yielding 2% that grows its dividend per share by 6% per year, it ...

FORT WORTH, Texas, Oct. 9, 2024 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) announced today Chauncey McIntosh has been named vice president and general manager of the F-35 Lightning II Program, effective Dec. 1. McIntosh succeeds Bridget Lauderdale, who will be retiring at the end of the year following a 38-year career with the company.   Chauncey McIntoshMcIntosh, who most recently served as the vice president and deputy of the F-35 program, is an exceptional leader with more than 20 years of business, prog ...

Lockheed Martin Corporation (LMT) has secured a $1.17 billion contract to provide crucial fleet support for the Trident II Strategic Weapon System. Per the terms of the deal, Lockheed Martin will offer shipboard integration as well as support the development of navigation subsystems for the Trident II missile. Most of the work under this contract will take place in Mitchel Field, NY. The award has been provided by the Strategic Systems Programs, Washington, DC. The deal is expected to be completed by Sept. ...