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 ...

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) 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 ...

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 ...

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 ...

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 ...

Lockheed Martin Corporation (LMT) is slated to release second-quarter 2024 results on Jul 23, before the opening bell. The Zacks Consensus Estimate for LMT’s revenues is pegged at $17.06 billion, implying 2.2% growth from the year-ago quarter's reported figure. The consensus mark for second-quarter earnings is pegged at $6.45, suggesting a 4.2% decline from $6.73 reported in the prior-year quarter. The bottom-line estimate has inched up a penny in the past seven days.Image Source: Zacks Investment ResearchL ...

How quickly things change. It seems like just yesterday when space stocks seemed like purely speculative investments. Today, many of the names are still speculative, small-cap stocks. However, this growing sector is projected to grow much larger as the decade progresses.  When you think about the space economy, it’s easy to think about the National Aeronautics and Space Administration (NASA). It’s still pretty cool to see the United States go back to the moon as it did earlier this year, even though it was ...

910th Airlift Wing to receive a total of eight Super Hercules tactical airlifters MARIETTA, Ga., July 17, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) delivered the first of eight C-130J-30 Super Hercules tactical airlifters assigned to the Ohio Youngstown Air Reserve Station, marking the addition of a new mission capability for the Super Hercules ― the aerial spray mission.Lockheed Martin delivered the first C-130J-30 Super Hercules airlifter to the Ohio Youngstown Air Reserve Station.Post thisLockheed ...

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 June 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 earnings report, which is expected to be released on July 23, 2024, might help the stock move higher if these key numbers are better than exp ...