Categories AlphaGraphs, Earnings, Industrials
Infographic: Lockheed Martin (LMT) Q3 earnings, revenue rise
Aerospace company Lockheed Martin (NYSE: LMT) Tuesday said its sales increased 9% in the third quarter, driving up net profit. The top-line also came in above the market’s prediction. The stock made modest gains soon after the announcement.
In a sign that the virus-related disruption did not affect orders materially, net sales rose 8.6% from last year to $16.5 billion in the September-quarter. It is above the consensus estimate.
In the most recent quarter, earnings rose to $1.7 billion or $6.05 per share from $1.6 billion or $5.66 per share in the third quarter of 2019. The bottom-line was slightly below the Street view.
Read management/analysts’ comments on Lockheed Martin’s Q3 2020 results
After retreating from the peak at the beginning of 2020, Lockheed Martin’s shares bounced back and maintained the uptrend since then. The stock, which has lost 7% so far this year, closed the last session lower.
Most Popular
Microsoft (MSFT) reports higher revenue and profit for Q3 2024
Microsoft Corp. (NASDAQ: MSFT) on Thursday said its third-quarter 2024 earnings increased year-over-year, reflecting strong performance by the tech giant’s main operating segments. Third-quarter revenues came in at $61.86 billion,
GOOG, GOOGL Earnings: All you need to know about Alphabet’s Q1 2024 earnings results
Alphabet Inc. (NASDAQ: GOOG, GOOGL) reported its first quarter 2024 earnings results today. Revenues increased 15% year-over-year to $80.5 billion. Revenue growth was 16% in constant currency. Net income was
MRK Earnings: Merck Q1 2024 profit jumps on 9% revenue growth
Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp increase in adjusted earnings for the first quarter of 2024, aided by an increase in revenues. First-quarter worldwide sales
