Lockheed Martin Reports Third Quarter 2022 Financial Results

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Northrop Grumman (NOC) Trades Higher in Sympathy with Lockheed Martin (LMT)

October 18, 2022 1:17 PM EDT

Northrop Grumman (NYSE: NOC) Trades Higher in Sympathy with Lockheed Martin (NYSE: LMT)

LMT +9.4% Following ResultsNOC +6.75%
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Lockheed Martin (LMT) Announces Multi-Year $14 Billion Share Repurchase Program and Dividend Rate Increase

October 18, 2022 7:35 AM EDT

Lockheed Martin (NYSE: LMT) announced:

On October 17, 2022, the company's board authorized the purchase of up to an additional $14.0 billion of Lockheed Martin common stock under its share repurchase program. This multi-year share repurchase program follows the substantial completion of purchases of common stock under... More

Lockheed Martin (LMT) Tops Q3 EPS by 21c, Maintains Guidance

October 18, 2022 7:31 AM EDT

Lockheed Martin (NYSE: LMT) reported Q3 EPS of $6.87, $0.21 better than the analyst estimate of $6.66. Revenue for the quarter came in at $16.6 billion versus the consensus estimate of $16.66 billion.

GUIDANCE:

Lockheed Martin sees FY2022 EPS of $21.55, versus the consensus of $21.67. Lockheed... More