In February 2024, investors were reminded why the space economy matters, and why it's a good time to consider the top space stocks. The United States returned to the moon with the privately built Nova C Odysseus lander.
Lockheed Martin Lockheed Martin (NYSE: LMT) recently reported its Q1 results, with revenues and earnings above the street estimates. The company reported revenue of $17.2 billion, and earnings of $6.33 per share, compared to the consensus estimate of $16.1 billion and $5.80, respectively.
Net sales rose to $17.2 billion, but diluted EPS decreased 3.3% to $6.39 Aeronautics and Missiles and Fire Control segments drove sales growth with robust demand due to geopolitical issues Lockheed Martin completed $780 million in dividends and $1.0 billion in share repurchases in the quarter.
Lockheed Martin's sales for the first quarter beat analyst estimates, but margins declined. Demand for missiles and air missile defense is increasing, but cost overruns on a classified program may limit upside. Lockheed Martin won the Next Generation Interceptor competition and reaffirmed its earnings guidance for 2024.
Lockheed Martin Corp and RTX Corp , fresh off a surge of orders in response to Russian aggression against Ukraine and the war in Gaza, stand to profit from $95 billion of mostly new weapons funding as the increasingly drawn out conflicts renew demand for pricey equipment.
Lockheed Martin Corporation (NYSE:LMT ) Q1 2024 Earnings Conference Call April 23, 2024 11:00 AM ET Company Participants Maria Ricciardone - VP, Treasurer & IR Jim Taiclet - Chairman, President & CEO Jay Malave - CFO Conference Call Participants Doug Harned - Bernstein David Strauss - Barclays Peter Arment - Baird Matt Akers - Wells Fargo Ron Epstein - Bank of America Rob Spingarn - Melius Rese...
With geopolitical flashpoints poised to worsen, investors ought to target stocks to buy for global conflict. I don't look at this theme as advantaging tragedies.
aktien.guide ist das Tool zum einfachen Finden, Analysieren und Beobachten von Aktien. Lerne von erfolgreichen Investoren und triff fundierte Anlageentscheidungen. Wir machen Dich zum selbstbestimmten Investor.