Categories AlphaGraphs, Earnings, Industrials
LMT Earnings: A snapshot of Lockheed Martin’s Q3 2024 financial results
Lockheed Martin Corporation (NYSE: LMT) Tuesday reported mixed results for the third quarter of 2024. The company increased its quarterly dividend by 5%.
The aerospace company reported third-quarter 2024 net sales of $17.1 billion, compared to $16.9 billion in the prior-year period. Cash from operations was $2.4 billion in Q3, while free cash flow came in at $2.1 billion.
Third-quarter net profit was $1.62 billion or $6.80 per share, compared to $1.68 billion or $6.73 per share in the corresponding period last year. The company raised its quarterly dividend by 5% to $3.30 per share.
“In the third quarter, we advanced our strategic, operational, and financial priorities, as demonstrated by our record backlog of more than $165 billion, 48 F-35 deliveries, increased production on missile programs, and $2.1 billion of free cash flow generation,” 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
Key metrics from Tyson Foods’ (TSN) Q4 2024 earnings results
Tyson Foods, Inc. (NYSE: TSN) reported its fourth quarter 2024 earnings results today. Sales of $13.6 billion rose 1.6% from the prior-year period. Net income attributable to Tyson was $357
SHOP Earnings: Shopify reports 26% growth in Q3 2024 revenue
E-commerce company Shopify Inc. (NYSE: SHOP) Tuesday reported a double-digit increase in third-quarter revenues, reflecting strong performance across all operating segments. September quarter revenues climbed 26% year-over-year to $2.16 billion,
HD Earnings: Key quarterly highlights from Home Depot’s Q3 2024 financial results
The Home Depot (NYSE: HD) reported its third quarter 2024 earnings results today. Sales were $40.2 billion, up 6.6% from the same period last year. Comparable sales decreased 1.3%.