Lockheed Martin Corporation

Equities

LMT

US5398301094

Aerospace & Defense

Market Closed - Nyse 04:00:02 2024-04-23 pm EDT 5-day change 1st Jan Change
460.1 USD -0.27% Intraday chart for Lockheed Martin Corporation +1.27% +1.51%

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Transcript : Lockheed Martin Corporation, Q1 2024 Earnings Call, Apr 23, 2024
Corporate results bound the become the next catalyst for markets Our Logo
Lockheed Martin: sales up 14% in Q1 CF
Lockheed Martin Fiscal Q1 Adjusted Earnings Drop, Net Sales Advance; Fiscal 2024 Outlook Reiterated MT
Earnings Flash (LMT) LOCKHEED MARTIN Posts Q1 Revenue $17.20B, vs. Street Est of $16B MT
Earnings Flash (LMT) LOCKHEED MARTIN Posts Q1 EPS $6.33, vs. Street Est of $5.86 MT
Lockheed Martin reports higher sales on strong defense demand RE
Lockheed Martin Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Lockheed Martin Corporation Provides Earnings Guidance for the Year 2024 CI
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Lockheed Martin: a new missile defense capability CF
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Goldman Sachs Adjusts Lockheed Martin Price Target to $377 From $380 MT
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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%).
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
461.3 USD
Average target price
485.6 USD
Spread / Average Target
+5.27%
Consensus
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  5. Lockheed Martin Lifts Quarterly Dividend to $3 a Share From $2.80, Payable Dec. 30 to Shareholders as of Dec. 1