Lockheed Martin Stock News

Defense and aerospace firm Lockheed Martin Corp (NYSE:LMT) is scheduled to report earnings before the open on Tuesday, Oct. 22.

Analysts expect most defense contractors to report gains to earnings and revenue as Lockheed Martin and RTX lead results on Tuesday.

Lockheed Martin (NYSE: LMT) will report its Q3 2024 results on Tuesday, October 22. We expect the company to post mixed results, with revenue of $17.0 billion and earnings of $6.50 per share, compared to the consensus estimates of $17.4 billion and $6.50, respectively.

It costs a lot of money to build a missile defense satellite system. For space stock investors, that's good news.

Billions of dollars for Boeing and Lockheed hinge on a single FAA decision.

There's still plenty of time for opportunistic income investors to take advantage of both lifts.

Most investors inconsistently view quarterly earnings as a catalyst for stock prices upon the news release. They often find themselves trapped in the volatility of sudden moves and face the risk of large—or total, in the case of options—losses if the direction of the stock after the announcement goes the wrong way.

Winning contracts is great, collecting revenue is even better. Best of all, though, is being able to earn a profit on that revenue.