On Tuesday, October 20, Lockheed Martin LMT will release its latest earnings report. Benzinga's outlook for Lockheed Martin is included in the following report.
Earnings and Revenue
Wall Street expects EPS of $6.08 and sales around $16.10 billion. Lockheed Martin EPS in the same period a year ago totaled $5.66. Revenue was $15.17 billion. The Wall Street estimate would represent a 7.42% increase in the company's earnings. Sales would be up 6.12% from the year-ago period. Here is how the company's reported EPS has compared to analyst estimates in the past:
Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2019 |
---|---|---|---|---|
EPS Estimate | 5.72 | 5.80 | 5.02 | 5.02 |
EPS Actual | 5.79 | 6.08 | 5.29 | 5.66 |
Revenue Estimate | 15.23 B | 15.08 B | 15.27 B | 14.87 B |
Revenue Actual | 16.22 B | 15.65 B | 15.88 B | 15.17 B |
Stock Performance
Shares of Lockheed Martin were trading at $386.56 as of October 16. Over the last 52-week period, shares are up 3.47%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Lockheed Martin is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/nvrg9st5
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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