Lockheed Martin Earnings Report

Investing.com – Lockheed Martin (NYSE: LMT) reported a third quarter EPS of $6.84, surpassing the analyst estimate of $6.50 by $0.34. Revenue for the quarter reached $17.1 billion, below the consensus estimate of $17.37 billion.

Guidance

Lockheed Martin projects FY 2024 EPS of $26.65, compared to the analyst consensus of $26.44. The company forecasts FY 2024 revenue of $71.25 billion, slightly above the analyst consensus of $71.06 billion.

Lockheed Martin's stock closed at $614.61, reflecting a 17.88% increase over the last 3 months and a 37.76% rise over the past 12 months.

In the last 90 days, there were 5 positive EPS revisions and 6 negative EPS revisions. For more information on Lockheed Martin's past stock price reactions to earnings, refer to the provided link.

According to InvestingPro, Lockheed Martin's Financial Health score indicates good performance.

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