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 ...

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 ...

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 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 ...