LMT beats Q2 earnings and sales estimates, delivers double-digit revenue growth and raises its 2026 sales and EPS outlook.
While the top- and bottom-line numbers for Lockheed (LMT) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lockheed Martin (LMT) came out with quarterly earnings of $7.94 per share, beating the Zacks Consensus Estimate of $7.22 per share. This compares to earnings of $7.29 per share a year ago.
Lockheed Martin's stock jumps as a ramp up in missile production helped lead to an earnings beat and raise.
The defense contractor beat earnings and revenue estimates in the second quarter.
Both American Airlines (NASDAQ:AAL | AAL Price Prediction) and Lockheed Martin (NYSE:LMT) report Q2 2026 results before the open on Thursday, July 23, 2026.
LMT heads into Q2 results with revenue growth expected, backed by a strong defense backlog, while margin recovery may take longer to materialize.
Besides Wall Street's top-and-bottom-line estimates for Lockheed (LMT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2026.
Lockheed Martin announced a lower-cost Patriot interceptor on Monday as militaries seek cheaper ways to counter drones and missiles, while defense contractors face competition from startups making low-cost weapons that can be produced at scale.
The defense contractor says the new design could be fielded faster and cost less than half as much as its bestselling version.
LMT expands missile production under new U.S. agreements as rising air and missile defense demand supports long-term growth prospects.
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.