Lockheed Martin Corporation

LMT

US5398301094

Aerospace & Defense

Market Closed - Nyse Other stock markets 04:00:02 2024-07-12 pm EDT			5-day change	1st Jan Change
463.7 ^USD	+0.73%		+0.34%	+2.31%

Jul. 12	Lockheed Martin: Croatia triples its Black Hawk fleet	CF
Jul. 12	US F-35 jet deliveries to resume soon with truncated software upgrade	RE

Lockheed Martin Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

January 23, 2024 at 07:29 am EST

Lockheed Martin Corporation reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 18,874 million compared to USD 18,991 million a year ago. Net income was USD 1,866 million compared to USD 1,912 million a year ago.

Basic earnings per share from continuing operations was USD 7.61 compared to USD 7.44 a year ago. Diluted earnings per share from continuing operations was USD 7.58 compared to USD 7.4 a year ago.

Latest news about Lockheed Martin Corporation

Lockheed Martin: Croatia triples its Black Hawk fleet	Jul. 12	CF
US F-35 jet deliveries to resume soon with truncated software upgrade	Jul. 12	RE
NATO summit highlights defense deals for RTX, Boeing and others	Jul. 11	RE
F-35 jet deliveries to resume soon with truncated software upgrade	Jul. 11	RE
Goldman Sachs Adjusts Lockheed Martin's Price Target to $387 From $378	Jul. 10	MT
Dassault Systèmes: sanctioned for its warning	Jul. 09	CF
Lockheed Martin: $4.6 million contract with DARPA	Jul. 08	CF
White House Committing $2.3 Billion More in Arms for Ukraine, Bloomberg Reports	Jul. 03	DJ
TD Cowen Adjusts Price Target on Lockheed Martin to $480 From $455, Maintains Hold Rating	Jul. 02	MT
Civitanavi Systems, Lockheed Martin invest USD10 million in PV-Labs	Jul. 02	AN
Lockheed Martin invests in PV-Labs in which Civitanavi holds a 30 percent stake	Jul. 01	AN
Lockheed Martin Wins $5.28 Billion Contract to Deliver Missiles for US Army	Jul. 01	MT
New semester, new state of mind	Jul. 01
Lockheed Martin Corporation(NYSE:LMT) added to Russell Top 200 Value Index	Jun. 30	CI
Lockheed Martin Corporation(NYSE:LMT) added to Russell 3000E Value Index	Jun. 30	CI
Lockheed Martin Corporation(NYSE:LMT) added to Russell 3000 Value Index	Jun. 30	CI
Lockheed Martin Corporation(NYSE:LMT) added to Russell 1000 Value-Defensive Index	Jun. 30	CI
Lockheed Martin Corporation(NYSE:LMT) added to Russell 1000 Value Index	Jun. 30	CI
Lockheed Martin: upgraded engines for the Black Hawk	Jun. 28	CF
Lockheed Martin Keeps Quarterly Dividend at $3.15/Share, Payable Sept. 27 to Holders of Record Sept. 3	Jun. 27	MT
Lockheed Martin Corporation Declares Third Quarter 2024 Dividend, Payable on September 27, 2024	Jun. 27	CI
Bernstein Adjusts Price Target on Lockheed Martin to $514 From $500, Maintains Market Perform Rating	Jun. 27	MT
United Launch Alliance's second Vulcan launch set for September after payload switch	Jun. 26	RE
Lockheed Martin: successful launch of weather satellite	Jun. 26	CF
Lockheed Martin: sale of a 'Black Hawk' to Romania	Jun. 26	CF

Chart Lockheed Martin Corporation

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Company Profile

Lockheed Martin Corporation specializes in the design, manufacturing and marketing of aeronautic, submarine, and aerospace systems. Net sales break down by activity as follows: - sale of aeronautic systems (40.7%): military and civilian aircraft, primarily for government organizations; - sale of helicopters, mission and electronic systems (24%): military and commercial helicopters, ships, sea and land-based missile defense systems, radars, sensors, sea and air-based mission and combat systems, training systems, cyber solutions, command, control and communication systems, surveillance and reconnaissance systems, simulation and training systems, etc.; - sales of aerospace systems (18.7%): satellite systems, missile systems and space transport systems; - sale of air defense and fire control systems (16.6%): air and missile defense systems, tactical missiles, precision strike weapons systems, fire control systems, etc. The group also offers support services for mission operations, preparation, technical support, integration services, etc. Net sales break down by source of income into sales of products (83.3%) and services (16.7%). Net sales are distributed geographically as follows: the United States (74.3%), Europe (9.5%), Asia/Pacific (8.3%), Middle East (5.8%) and other (2.1%).

Sector

Aerospace & Defense

Calendar

2024-07-23 - Q2 2024 Earnings Release

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S&P 500

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Income Statement Evolution

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Analysis / Opinion

Lockheed Martin Corporation : Half a surprise

October 19, 2023 at 05:13 am EDT

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Ratings for Lockheed Martin Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

463.7 USD

Average target price

492.2 USD

Spread / Average Target

+6.13%

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Quarterly earnings - Rate of surprise

Company calendar

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