Categories AlphaGraphs, Earnings, Industrials
Infographic: Lockheed Martin (LMT) Q3 2022 earnings, revenue increase
Aerospace company Lockheed Martin Corporation (NYSE: LMT) Tuesday said its sales rose 3% in the third quarter of 2022, resulting in a sharp increase in net profit.
The company reported third-quarter 2022 net sales of $16.58 billion, compared to $16.03 billion in the prior-year period. However, the latest number fell short of expectations.
Consequently, net earnings climbed to $1.8 billion, or $6.71 per share, from $614 million, or $2.21 per share in the third quarter of 2021. Adjusted profit, excluding special items, was $6.87 per share, compared to $6.60 per share last year.
Check this space to read management/analysts’ comments on Lockheed Martin’s Q3 2022 results
Lockheed Martin’s shares gained early Tuesday following the earnings announcement, after closing the previous session higher.
Prior Performance
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was