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Lockheed Martin (LMT) Q4 Earnings Top Estimates
LMTLockheed Martin(LMT) ZACKS·2025-01-28 14:41

Company Performance - Lockheed Martin reported quarterly earnings of 7.67pershare,exceedingtheZacksConsensusEstimateof7.67 per share, exceeding the Zacks Consensus Estimate of 6.60 per share, but down from 7.90pershareayearago,representinganearningssurpriseof16.217.90 per share a year ago, representing an earnings surprise of 16.21% [1] - The company posted revenues of 18.62 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.24% and down from 18.87billionyear−over−year[2]−Overthelastfourquarters,LockheedhassurpassedconsensusEPSestimatesfourtimesandtoppedconsensusrevenueestimatestwotimes[2]StockOutlook−Lockheedshareshaveincreasedapproximately3.718.87 billion year-over-year [2] - Over the last four quarters, Lockheed has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Outlook - Lockheed shares have increased approximately 3.7% since the beginning of the year, outperforming the S&P 500's gain of 2.2% [3] - The current consensus EPS estimate for the upcoming quarter is 6.59 on revenues of 17.64billion,andforthecurrentfiscalyear,itis17.64 billion, and for the current fiscal year, it is 27.78 on revenues of $73.99 billion [7] - The estimate revisions trend for Lockheed is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Aerospace - Defense industry is currently in the bottom 40% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry outlook can significantly affect stock performance [5][8]