LMT News and Press, Lockheed Martin Corporation From 10/19/22

Summary Lockheed Martin beat expectations on earnings per share, but missed on revenues. 2023 will be flat, return to growth to 2024. Share repurchase authorization boosted stock performance. Authorization of spending another $4 billion by year-end is not prudent. Addi...

Summary Investors who use the merger arbitrage strategy are well aware that their average odds of success are around 95%. We did see the failure rate edge up during the pandemic and the success rate for deals dropped to 90%. For arbitrageurs to achieve satisfactory annualized ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips In general, the last quarter of the year is good for equity markets. However, it’s too early to assume that the markets are automatically headed higher. From the perspective of most investors, Q4 is set up to provide...

Lockheed Martin ( NYSE: LMT ) soared Tuesday to its biggest daily gain in more than two years, closing +8.7% after beating Q3 earnings estimates and increasing its stock buyback authorization by $14B. Q3 adjusted earnings came in at a stronger than expected $6.87/sha...

Image source: The Motley Fool. Lockheed Martin (NYSE: LMT) Q3 2022 Earnings Call Oct 18, 2022 , 11:00 a.m. ET Operator Continue reading For further details see: Lockheed Martin (LMT) Q3 2022 Earnings Call Transcript

Lockheed Martin Corporation (LMT) Q3 2022 Results Conference Call October 18, 2022 11:00 AM ET Company Participants Greg Gardner - VP, IR Jim Taiclet - Chairman, President and CEO Jay Malave - CFO Conference Call Participants Rob Stallard - Vertical R...

Defense-giant Lockheed Martin (NYSE: LMT) delivered quarterly results suggesting that the business, after a series of missteps, is back on track. Investors were pleased, sending the company's shares up as much as 5%. Lockheed Martin investors had a tough time in 2021. The stock ...

Lockheed Martin ( NYSE: LMT ) rose 0.7% in premarket trading after the defense contractor reported Q3 adjusted EPS of $6.87, beating estimates by $0.15. Its revenue of $16.58 billion missed the consensus estimate by $110 million. The company added as much as $14 billion to i...

Lockheed Martin press release ( NYSE: LMT ): Q3 Non-GAAP EPS of $6.87 beats by $0.15 . Revenue of $16.58B (+3.4% Y/Y) misses by $110M . FY2022 Outlook : Net sales of ~$65.25B vs. consensus of $65.31B; Diluted EPS of ~$21.55 vs. consensus of $26.71. Fo...

Lockheed Martin Reports Third Quarter 2022 Financial Results PR Newswire Net sales of $16.6 billion and net earnings of $1.8 billion , or $6.71 per share Cash from operations of $3.1 billion and free cash flow of $2.7 billion Retur...