Lockheed Martin Q3 Adj. EPS $6.77 Beats $6.66 Estimate, Sales $16.88B Beat $16.73B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lockheed Martin reported Q3 earnings of $6.77 per share, beating the analyst consensus estimate of $6.66 by 1.65%. However, this is a 1.46% decrease from the same period last year. The company also reported quarterly sales of $16.88 billion, beating the analyst consensus estimate of $16.73 billion by 0.88%, and marking a 1.78% increase from the same period last year.

October 17, 2023 | 11:30 am
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Lockheed Martin's Q3 earnings and sales beat estimates, but earnings per share decreased compared to last year. This mixed result could lead to uncertain market reactions.
While Lockheed Martin beat earnings and sales estimates, the decrease in earnings per share compared to last year could be a concern for investors. This could lead to mixed market reactions, making the short-term impact on the stock uncertain.
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