Lockheed Martin Corporation
- Lockheed Martin Corp jumped 1% to $444.71 after the defense contractor reiterated its full-year guidance and released its latest quarterly results.
Revenue in the third quarter ending on September 24 rose 2% to $16.9 billion and net income declined to $1.7 billion from $1.8 billion and diluted earnings per share edged up to $6.73 from $6.71 a year ago.
Lockheed reiterated its full-year revenue range between $66.25 billion and $66.75 billion and diluted earnings per share between $27.0 and $27.20 and free cash flow of $6.2 billion.
Oct 17, 2023 - Lockheed Martin Corp fell 0.04% to $469.76 after the defense contractor reported quarterly results met some investors' expectations.
Revenue in the second quarter edged up 8% to $16.7 billion from $15.4 billion and net income rose to $1.7 billion from $309 million and diluted earnings per share advanced to $6.63 from $1.16 a year ago.
Order backlog increased to record high $158 billion.
Free cash flow declined to $771 million from $1.027 billion a year ago.
The company revised higher its annual sales range to between $66.25 billion and $66.75 billion from the previous estimate between $65.0 billion and $66.0 billion released in April.
Jul 18, 2023 - Lockheed Martin Corp, the aerospace company and defense contractor, reaffirmed its full-year outlook and posted better-than-expected quarterly results.
Net sales in the first quarter increased to $15.1 billion from $15.0 billion and net income was flat at $1.7 billion and diluted earnings per share rose to $6.61 from $6.44 a year ago.
The company paid $784 million in dividends and $500 million of its own shares in the first quarter.
Apr 18, 2023 - Lockheed said revenue in the fourth quarter rose to $19 billion from $17.7 billion but net income fell 5% to $1.9 billion or diluted earnings per share fell to $7.40 from $7.47 a year ago.
Jan 24, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 6.61 | 6.63 | 6.73 | - | - | |
| 2022 | 6.44 | 1.16 | 6.71 | 7.35 | 21.66 | |
| 2021 | 6.56 | 6.52 | 2.21 | 7.47 | 22.76 | |
| 2020 | 6.08 | 5.79 | 6.05 | 6.38 | 24.3 | |
| 2019 | 5.99 | 5 | 5.66 | 5.3 | 21.95 | |
| 2018 | 4.02 | 4.05 | 5.14 | 4.38 | 17.59 | |
| 2017 | 3 | 3.23 | 3.24 | 4.30 | 13.77 | |
| 2016 | 2.58 | 3.32 | 3.61 | 3.25 | 12.76 | |
| 2015 | 2.74 | 2.94 | 2.77 | 3.01 | 11.46 | |
| 2014 | 2.87 | 2.76 | 2.76 | 2.82 | 11.21 | |
| 2013 | 2.33 | 2.64 | 2.66 | 1.50 | 9.13 | |
| 2012 | 2.03 | 2.38 | 2.21 | 1.74 | 8.36 | |
| 2011 | 1.50 | 2.14 | 2.10 | 2.07 | 7.81 | |
| 2010 | 1.41 | 2.22 | 1.54 | 2.64 | 7.81 | |
| 2009 | 1.68 | 1.88 | 2.07 | 2.01 | 7.64 | |
| 2008 | 1.75 | 2.15 | 1.92 | 2.04 | 7.86 | |
| 2007 | 1.60 | 1.82 | 1.80 | 1.88 | 7.1 | |
| 2006 | 1.34 | 1.34 | 1.46 | 1.66 | 5.8 | |
| 2005 | 0.83 | 1.02 | 0.96 | 1.29 | 4.1 |