Lockheed Martin Corporation (LMT) reported fourth-quarter 2023 adjusted earnings of $7.90 per share, which beat the Zacks Consensus Estimate of $7.26 by 8.8%. The bottom line also improved 1.4% from the year-ago quarter's recorded figure.The company reported GAAP earnings of $7.58 per share compared with $7.40 in the prior-year period.Lockheed reported 2023 adjusted earnings of $27.82 per share, which beat the Zacks Consensus Estimate of $27.24 by 2.1%. The bottom line also rose 2.2% from the year-ago quart ...

For the quarter ended December 2023, Lockheed Martin (LMT) reported revenue of $18.87 billion, down 0.6% over the same period last year. EPS came in at $7.90, compared to $7.79 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $17.98 billion, representing a surprise of +4.96%. The company delivered an EPS surprise of +8.82%, with the consensus EPS estimate being $7.26.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

Lockheed Martin (LMT) came out with quarterly earnings of $7.90 per share, beating the Zacks Consensus Estimate of $7.26 per share. This compares to earnings of $7.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.82%. A quarter ago, it was expected that this aerospace and defense company would post earnings of $6.66 per share when it actually produced earnings of $6.77, delivering a surprise of 1.65%.Over the last four qua ...

About this content About Jeremy Cutler Jeremy has worked extensively in the world of financial journalism as a reporter at ICV News, deputy editor at S&P Marketscope and as a senior reporter for Thomson Financial’s Marketeye.  A qualified accountant, former finance director and with a degree in Economics, Jeremy is well placed to analyse and explain the ups and downs of UK, European and US stockmarkets in Proactive’s daily market report Read more About the publisher Proactive financial news and online br ...

Lockheed Martin Corp.’s stock LMT, +0.22% dipped 0.1% in premarket trading on Tuesday after the defense contractor’s fourth-quarter earnings beat analyst estimates, but the company said its 2024 sales could fall short of consensus at the lower end of its range. Lockheed Martin said its net income for the three months ending Dec. 31 fell to $1.87 billion, or $7.58 a share, from $1.91 billion, or $7.40 a share, in the year-ago quarter. The company beat the FactSet consensus estimate of $7.29 a share. Fourth- ...

With tensions around the world appearing higher than they’ve been in years and with multiple high-intensity conflicts raging, many have held onto the belief that the U.S. defense stocks – key cogs in the machine commonly known as the “military-industrial complex” – will easily reach new all-time highs.Indeed, in the final quarter of 2023, many elected officials – well-known as savvy investors due to either their uncanny abilities or access to insider information – have been heavily investing in these stocks ...

165th Airlift Wing to receive a total of eight Super Hercules tactical airliftersMARIETTA, Ga., Jan. 22, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) delivered the first of eight C-130J-30 Super Hercules tactical airlifters to the Georgia Air National Guard during a ceremony today, commemorating a new era in Hercules operations for this longtime C-130 Hercules operator.The 165th Airlift Wing ― the first C-130 operator in the state of Georgia — received its initial Hercules in 1975 and has operated sever ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 52-1893632 (State or ot ...

Lockheed Martin Corporation (LMT) is slated to release fourth-quarter and full-year 2023 results on Jan 23, before the opening bell.The company delivered an average earnings surprise of 4.35% in the last four quarters. Lower sales volume from its major segments, along with lower equity earnings from ULA, is likely to have hurt LMT’s fourth-quarter performance.Let's see how things might have shaped up prior to the announcement.Aeronautics to Post Dismal SalesThe Aeronautics segment, which primarily manufactu ...

CNBC's Jim Cramer on Friday told investors to gear up for a "fast and furious" slew of earnings reports next week that could lead to some profit-taking, including Procter & Gamble, Tesla and Lockheed Martin.This week brought solid gains for the major indexes — with the S&P 500 closing on Friday at an all-time high — and Cramer noted that the market continues to climb despite wars across the globe, budget deficits, inflation and tension in the lead up to a fraught U.S. presidential election."Can the market k ...