Deep search
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
2024 Election
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
Lockheed Martin, Q3
Lockheed Martin shares slide 5% on F-35 headwinds despite lifting profit and sales forecast
Defense contractor Lockheed Martin lifted its annual profit and sales forecasts on Tuesday, but shares slid 5% because the company's F-35 fighter jet program faced payment headwinds stemming from the government contracting process.
Lockheed Martin Tops Q3 EPS Forecast
Third-quarter EPS of $6.80 beat expectations by 4.6%, driven by efficient cost management and improved margins. Key segments such as Missiles and Fire Control (MFC) achieved an 8% year-over-year uptick in net sales and a 15% boost in operating profits. The Rotary and Mission Systems (RMS) segment managed a 6% sales increase.
Lockheed: Q3 Earnings Snapshot
The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $6.47 per share. The aerospace and defense company posted revenue of $17.1 billion in the period, which missed Street forecasts.
4h
on MSN
Lockheed Martin Delivered A Rock Solid Quarter. Now Investor Attention Turns To This.
Tuesday morning, Lockheed Martin reported third quarter earnings per share of $6.80. Wall Street was looking for about $6.50, ...
4h
on MSN
Why Lockheed Martin Stock Is Losing Ground Today
Lockheed Martin (NYSE: LMT) beat on earnings but missed on revenue because of F-35 delivery delays, and narrowed its ...
1h
Why Lockheed Martin, RTX stand to outperform in 'foreseeable future'
Defense contractor stocks are drawing attention as Lockheed Martin (LMT) and RTX (RTX) face market pressure on Tuesday. The ...
Defense News
26m
Lockheed feels financial pinch from F-35 upgrade, contract delays
Lockheed Martin expects to deliver dozens more jets than usual starting in 2025 as it works through a backlog.
2h
on MSN
Top Stock Movers Now: GM, Philip Morris, Lockheed Martin, Verizon, and More
Lockheed Martin and Verizon Communications shares fell as both companies missed quarterly revenue forecasts. General Motors ...
Aviation Week
19h
F-35 Travails Weigh On Lockheed Martin In Third Quarter
Lockheed
Martin
’s sales contracted in the third quarter as F-35-related negotiations with the Pentagon dragged on. Credit ...
2h
Lockheed Martin reports Q3 EPS $6.80, consensus $6.50
Reports Q3 revenue $17.1B, consensus $17.35B. “In the third quarter, we advanced our strategic, operational and financial priorities, as ...
5h
on MSN
Lockheed Sees Higher Sales on Strong Missile, Radar Orders
Lockheed Martin Corp. raised its outlook for the second time this year after sales of its missiles and radars were higher ...
3h
on MSN
Lockheed Martin Stock Sinks as F-35 Sales Decline Weighs on Revenue
Lockheed Martin missed third-quarter revenue estimates as aerospace sales tumbled because of contractual and funding issues ...
2h
Lockheed Martin sees FY24 cash from operations ~$7.95B vs. prior $7.75B-$8.05B
Backs FY24 CapEx view ~$1.75B. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Related topics
Q3
United States
Apache
RTX
LMT
Feedback