Will Poor Segmental Performance Hit Lockheed's (LMT) Q4 Earnings?
Lockheed Martin(LMT) Zacks Investment Research·2024-01-22 14:11
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 ...