Evaluate the expected performance of Lockheed (LMT) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Aerospace and defense giant Lockheed Martin Corp (NYSE:LMT) will announce first-quarter results before the open on Tuesday, April 22.
Lockheed (LMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Recently, Zacks.com users have been paying close attention to Lockheed (LMT). This makes it worthwhile to examine what the stock has in store.
In the most recent trading session, Lockheed Martin (LMT) closed at $463.70, indicating a +0.32% shift from the previous trading day.
LMT secures a $22.5 million modification contract to provide maintenance and sustainment support for the F-35 jet program's Reprogramming Laboratory facilities and systems.
If you're a dividend investor, now can be an ideal time to go bargain-hunting. The stock market is in the midst of a broad sell-off, with investors dumping all types of stocks, both bad ones and good ones.
Lockheed Martin, an American defense and aerospace company, is now a $104 billion (by market cap) defense giant. The company increased its dividend for 21 consecutive years, with a 10-year dividend growth rate of 8.8%. LMT advanced its revenue from $40.5 billion in FY 2015 to $71 billion in FY 2024, a compound annual growth rate of 6.4%.
Defense stocks fall Monday as they face new supply chain challenges amid President Trump's trade war.
LMT secures a $13.3 million modification contract to aid the Long-Range Anti-Ship Missile Program.
Lockheed Martin's stock, down 26% from its October 2024 high, may be undervalued, presenting a potential buying opportunity despite losing the NGAD contract. Defense stocks, including Lockheed Martin, could benefit from the current trade turmoil as tariffs shift investor focus back to defense, which is more tariff-resistant. The White House's push for higher defense budgets, aiming for 5% of GDP, supports a positive outlook for defense contractors like Lockheed Martin.
Lockheed Martin (LMT) reachead $454.78 at the closing of the latest trading day, reflecting a +0.42% change compared to its last close.