Lockheed (LMT) Q1 Earnings Beat Estimates, Sales Improve Y/Y
LMTLockheed Martin(LMT) Zacks Investment Research·2024-04-23 22:26

Lockheed Martin Corporation (LMT) reported first-quarter 2024 adjusted earnings of 6.33pershare,whichbeattheZacksConsensusEstimateof6.33 per share, which beat the Zacks Consensus Estimate of 5.80 by 9.1%. The bottom line, however, declined 1.6% from the year- ago quarter's recorded figure of 6.43.ThecompanyreportedGAAPearningsof6.43. The company reported GAAP earnings of 6.39 per share compared with 6.61intheprioryearperiod.OperationalHighlightsNetsaleswere6.61 in the prior-year period. Operational Highlights Net sales were 17.20 billion, which surpassed the Zacks Consensus Estimate of $16.19 billion by 6.2%. The top line also increased 13.7% ...