Lockheed Martin Q2 2024 Adj EPS $6.85 Beats $6.46 Estimate, Sales $18.10B Beat $17.04B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lockheed Martin (NYSE:LMT) reported Q2 2024 adjusted EPS of $6.85, beating the $6.46 estimate. Sales were $18.10 billion, surpassing the $17.04 billion estimate and marking an 8.43% increase from the same period last year.
July 23, 2024 | 11:30 am
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Lockheed Martin's Q2 2024 earnings and sales both exceeded analyst expectations, with EPS at $6.85 and sales at $18.10 billion. This performance also represents an 8.43% year-over-year increase in sales.
Lockheed Martin's strong Q2 2024 performance, with both EPS and sales exceeding expectations, is likely to positively impact the stock price in the short term. The 8.43% year-over-year increase in sales further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100