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.
Analysts have provided Lockheed Martin with 18 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $594.0, suggesting a potential 2.91% downside.
Lockheed Martin's (LMT) strong technical and fundamental performance is supported by geopolitical factors and justifies a buy ...
Comments taken from Q3 earnings conference call. Published first on TheFly – the ultimate source for real-time, market-moving breaking ...
Lockheed Martin delivered another solid quarter that, essentially, put to bed any doubt about 2024 results. Now investor ...
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