What To Expect From Lockheed Martin’s ($LMT) Q3 Earnings?

Get ready to discover the eagerly anticipated third quarter financial results of Lockheed Martin (NYSE: LMT) on Tuesday 22nd October 2024. This significant announcement is scheduled to take place before market open, giving investors and analysts a chance to gain valuable insights into the company's financial performance.

As per the predictions of financial analysts on Wall Street, the concern is set to report an estimated per share $6.50 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $17.35 billion for the period.

Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $71.06 billion. Furthermore, they expect the business to achieve profit of $26.44 per share during the fiscal year.

The company's earnings report for the same quarter in the previous year revealed a per-share income of $6.77, attributed to the company's total revenue of $16.88 billion.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $7.11 +5.6% 18.12 B +8.6%
Q1 2024 $6.33 -1.6% 17.20 B +13.7%
Q4 2023 $7.90 +1.4% 18.87 B -0.6%
Q3 2023 $6.77 -1.5% 16.88 B +1.8%
Q2 2023 $6.73 +6.5% 16.69 B +8.1%
*Growth on year-over-year basis

 

LMT will host a conference call with investment community on 23rd October 2024 at 11:00 AM eastern time to discuss the financial results.

Lockheed Martin (LMT) shares experienced a range of $608.49 to $613.37 on a day volume of 864.10 thousand shares. The stock closed Friday's regular trading session at $611.81, indicating a 0.36 percent upturn.

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