Categories AlphaGraphs, Earnings, Industrials
LMT Earnings: A snapshot of Lockheed Martin’s Q1 2024 financial results
Aerospace company Lockheed Martin Corporation (NYSE: LMT) Tuesday reported lower earnings for the first quarter of 2024, despite an increase in sales. The company also reaffirmed its fiscal 2024 guidance.
The company reported first-quarter 2024 net sales of $17.2 billion, compared to $15.1 billion in the prior-year period. Cash from operations was $1.6 billion in Q1, and free cash flow came in at $1.3 billion.
First-quarter net profit was $1.55 billion or $6.39 per share, compared to $1.69 billion or $6.61 per share the company reported in the corresponding period of last year.
“Our strong start to 2024 demonstrates our continued success designing, developing, and delivering 21st Century Security solutions in support of integrated deterrence for customers around the world. These first quarter results reinforce our confidence in our ability to achieve the full-year financial expectations we set in January,” said Lockheed Martin’s CEO Jim Taiclet.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Alibaba Group (BABA) Q2 2025 Earnings: Key financials and quarterly highlights
Alibaba Group Holding Limited (NYSE: BABA) reported its second quarter 2025 earnings results today. Revenue was $33.7 billion, up 5% year-over-year. Net income attributable to ordinary shareholders grew 58% to
AMAT Earnings: Applied Materials Q4 revenue and profit increase YoY
Applied Materials, Inc. (NASDAQ: AMAT) announced financial results for the fourth quarter of 2024, reporting an increase in revenue and adjusted earnings. Adjusted earnings of the semiconductor technology company increased
What to expect when Target (TGT) reports its Q3 2024 earnings results
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday. The stock has gained 9% over the past three months. The retailer is scheduled to report its earnings results for
