Should You Buy, Hold or Sell Lockheed Martin Stock Post Q4 Earnings?
Investors interested in LMT stock should wait for a better entry point, considering its premium valuation.
Stock Of The Day: A Logical Place To Buy Lockheed Martin?
Shares of Lockheed Martin Corporation LMT are rebounding slightly after yesterday's selloff of more than 9%. A disappointing earnings release drove the move.
Buy, Sell, Or Hold LMT Stock At $460?
Lockheed Martin (NYSE: LMT) recently reported its Q4 2024 results, with revenues missing and earnings ahead of the street estimates. The company reported revenue of $18.6 billion and adjusted earnings of $7.58 per share, compared to the consensus estimates of $18.8 billion and $6.62, respectively.
Lockheed Martin 2024 Earnings Weakness A Sign Of Deeper Troubles?
Lockheed Martin shares plummeted in response to a 20% year-over-year decline in full-year earnings per share due to a $2 billion charge related to classified projects. LMT shares are now trading 25% below their recent all-time high of nearly $620, suggesting a compelling proposition for value investors. In this update, I will provide my views on Lockheed's earnings, backlog, free cash flow, and leverage.
Here's why Lockheed stock is crashing
Lockheed Martin (NYSE: LMT) is the largest defense contractor in the United States. Despite the advantages of size and scale, the aerospace giant has been struggling as of late.
Lockheed Martin Corporation (LMT) Q4 2024 Earnings Call Transcript
Lockheed Martin Corporation. (NYSE:LMT ) Q4 2024 Earnings Conference Call January 28, 2025 11:00 AM ET Company Participants Maria Ricciardone - Vice President, Treasurer and Investor Relations James Taiclet - Chairman, President and CEO Jay Malave - Chief Financial Officer Conference Call Participants Seth Seifman - JPMorgan Rob Stallard - Vertical Research Partners Richard Safran - Seaport Research Partners Ken Herbert - RBC Capital Markets Gavin Parsons - UBS Scott Deuschle - Deutsche Bank Matthew Akers - Wells Fargo Myles Walton - Wolfe Research Gautam Khanna - TD Cowen Peter Arment - Baird Pete Skibitski - Alembic Global Douglas Harned - Bernstein Michael Ciarmoli - Truist Securities Ronald Epstein - Bank of America Operator Good day, and welcome everyone to the Lockheed Martin Fourth Quarter and Full Year 2024 Earnings Results Conference Call.
Lockheed's Q4 Earnings Beat Estimates, Revenues Decline Y/Y
LMT's total sales in the fourth quarter of 2024 miss the Zacks Consensus Estimate by 1.2%. The top line also decreases 1.3% from the year-ago level.
Lockheed Martin Reports Mixed Results
Lockheed Martin (LMT -7.16%), a major player in the defense and aerospace sector, faced a mixed quarter as it released its Q4 2024 earnings on Jan. 28. The company reported earnings per share (EPS) of $2.22, falling short of the estimated $6.62, translating into a significant miss due to challenges in classified programs.
Is Lockheed Martin Stock Still a Buy After Its Earnings Miss?
Lockheed Martin stock is lower Tuesday after the aerospace giant missed estimates for its fourth quarter and issued a mixed outlook. Here's what to know.
Lockheed Martin (LMT) Q4 Earnings Top Estimates
Lockheed Martin (LMT) came out with quarterly earnings of $7.67 per share, beating the Zacks Consensus Estimate of $6.60 per share. This compares to earnings of $7.90 per share a year ago.
Lockheed Martin revenue and earnings disappoint as space sales fall
Lockheed Martin Corp (NYSE:LMT) shares misfired on Tuesday, falling 4% pre-market to $483.3, after the defence giant's fourth-quarter earnings and guidance for 2025 were lower than analysts had expected. Quarterly net sales came in at $18.6 billion, down 1.6% year-on-year and short of the average Wall Street forecast of $18.84 billion.
Lockheed Martin's earnings weighed down by charges on classified programs
The company also provided soft guidance.
