Categories AlphaGraphs, Earnings, Industrials
LMT Earnings: Highlights of Lockheed Martin’s Q4 2024 financial results
Lockheed Martin Corporation (NYSE: LMT) Tuesday reported a sharp decline in net profit for the fourth quarter of 2024 when its sales remained broadly unchanged year-over-year.
The aerospace company reported net sales of $18.6 billion for the final three months of fiscal 2024, compared to $18.9 billion in the same period of 2023.
Net income decreased sharply to $527 million or $2.22 per share in the December quarter from$1.9 billion or $7.58 per share in the prior-year quarter. In the latest quarter, net profit included $1.7 billion of losses related to classified program.
“In the year, we invested over $3 billion in advancing our nation’s security through research and development and capital investment to support our customers’ missions, drive innovation, and transform our operations with the latest digital and manufacturing technologies,” 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
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
