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.

Lockheed Martin Q3 2020 earnings infographic

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.

  • Lockheed Martin Reports Second Quarter 2020 Results
  • lockheed martin Q3 2019 earnings infographic

Most Popular

Weibo (WB) Earnings: 1Q21 Key Numbers

Weibo Corporation (NASDAQ: WB) reported first-quarter 2021 earnings results today. Net revenues increased by 42% year-over-year at $458.9 million and 31% increase on a constant currency basis. Net income attributable

Earnings calendar for the week of May 10

Stock markets rallied amid mixed cues on the health of the labor market, with latest data showing that payrolls grew at a slower-than-expected pace while unemployment claims slipped below the

Apple-Epic legal fight could set a new paradigm for mobile app distribution

These days the tech world is abuzz with the legal battle between gadget giant Apple, Inc. (NASDAQ: AAPL) and Epic Games, which has elicited significant media interest. The trial in

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top