On Tuesday, January 28, Lockheed Martin LMT will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Based on Lockheed Martin management projections, analysts predict EPS of $5.02 on revenue of $15.27 billion.
In the same quarter last year, Lockheed Martin announced EPS of $4.39 on revenue of $14.41 billion. If the company were to post earnings inline with the consensus estimate when it reports Tuesday, EPS would be up 14.35%. Revenue would be have grown 5.96% from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | 5.020 | 4.770 | 4.340 | 4.39 |
| EPS Actual | 5.660 | 4.950 | 5.990 | 4.39 |
Stock Performance
Over the last 52-week period, shares are up 51.62%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Lockheed Martin stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Lockheed Martin is scheduled to hold a conference call at 11:00 a.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/mzza5kk6
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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