Lockheed Martin’s earnings weighed down by write-downs on classified programs
Lockheed Martin Corp.’s stock fell 7.4% Tuesday to put it on track for its biggest one-day decline in more than three years, after the aerospace and defense company’s fourth-quarter earnings fell short of estimates as it booked losses on classified programs.
Lockheed reports fourth-quarter earnings per share of $7.67, adjusted for losses on classified programs, on sales of $18.6 ...
Wells Fargo analyst Matthew Akers lowered the firm’s price target on Lockheed Martin (LMT) to $497 from $500 and keeps an Equal Weight rating ...
Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples ...
Lockheed Martin’s (NYSE:LMT) stock fell 3.6% in premarket trading Tuesday after the aerospace and defense company reported a ...
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Why Lockheed Martin (LMT) Stock Is Down TodayShares of security and Aerospace company Lockheed Martin (NYSE:LMT) fell 8.9% in the morning session after the company ...
In its fourth quarter earnings report, Lockheed Martin said it had net sales of $18.6 billion for the fourth quarter, which ...
Key Insights Given the large stake in the stock by institutions, Lockheed Martin's stock price might be vulnerable ...
Read about Lockheed Martin's financial results for 2024 and learn more about the business performances that contributed to it ...
Lockheed Martin reported mixed Q4 2024 earnings, with a record backlog but lower-than-anticipated figures due to classified ...
Wall Street analysts worry that new Chinese stealth aircraft could persuade the US to buy fewer of Lockheed Martin's F-35 ...
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