Lockheed Martin Stock Update

Latest News

Lockheed Martin Corporation (LMT) reported strong financial results for the past quarter, with earnings per share exceeding analysts' expectations. The company's revenue also grew significantly, driven by increased demand for its products and services in the aerospace and defense sectors.

Key Takeaways

Here are some key takeaways from the latest Lockheed Martin stock news:

• The company's quarterly revenue grew by 6% year-over-year, reaching $18.1 billion.
• Earnings per share increased by 12% to $7.35, surpassing analysts' estimates of $7.10.
• Lockheed Martin's backlog of orders remains strong, indicating continued growth in the future.
• The company is maintaining its guidance for the full year, with expectations of further revenue and earnings growth.