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Lockheed Martin Corp (LMT)
NYSE:LMT
Earnings Data
Report Date
Apr 22, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
6.35Last Year’s EPS
6.33Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 28, 2025
|% Change Since: -13.38%
|Next Earnings Date:Apr 22, 2025
Earnings Call Sentiment|Neutral
The earnings call revealed a strong performance with record backlog and sales growth driven by strategic investments and successful program execution, notably in the F-35 program. However, significant charges related to classified programs and challenges in some segments, particularly Aeronautics and RMS, were notable setbacks.Company Guidance
During the Lockheed Martin Fourth Quarter and Full Year 2024 Earnings Results Conference Call, several key metrics and guidance for 2025 were highlighted. Sales in 2024 grew by 5% year-over-year, with the backlog reaching a record $176 billion, and each business segment achieving a book-to-bill ratio greater than 1. For 2025, the company anticipates mid-single digit sales growth, a return to 11% operating profit margins, and double-digit growth in free cash flow per share. Free cash flow in 2024 was $5.3 billion, with $3.7 billion allocated to share repurchases. The company delivered 110 F-35 aircraft in 2024, with a projection of 170 to 190 deliveries in 2025. Additionally, Lockheed Martin invested $3.3 billion in R&D and capital expenditures in 2024 to support advanced technology solutions.Record Backlog
Lockheed Martin's backlog reached a record $176 billion, with a 10% increase year-over-year, demonstrating strong demand for their products.
Sales Growth
Sales grew by 5% year-over-year in 2024, supported by strong demand across all business areas.
F-35 Program Success
Delivered 110 F-35 aircraft in 2024, meeting the high end of the expected range, with plans for 170 to 190 deliveries in 2025.
Investment in R&D
Invested $3.3 billion in research and development and capital expenditures to support advanced technology solutions.
Strong Order Intake
Recorded over $29 billion in orders in Q4, with Aeronautics leading with almost $20 billion driven by the F-35 contracts.
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LMT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LMT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 28, 2025 | $503.69 | $457.45 | -9.18% |
| Oct 22, 2024 | $610.78 | $573.38 | -6.12% |
| Jul 23, 2024 | $469.02 | $495.40 | +5.62% |
| Apr 23, 2024 | $452.86 | $451.63 | -0.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Lockheed Martin Corp (LMT) report earnings?
Lockheed Martin Corp (LMT) is schdueled to report earning on Apr 22, 2025, TBA Not Confirmed.
What is Lockheed Martin Corp (LMT) earnings time?
Lockheed Martin Corp (LMT) earnings time is at Apr 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LMT EPS forecast?
LMT EPS forecast for the fiscal quarter 2025 (Q1) is 6.35.
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