Lockheed Martin is a global aerospace, defense, security, and advanced technology company that specializes in designing and manufacturing innovative systems, products, and services for government and commercial customers
The company is primarily known for its development of advanced military aircraft, missile defense systems, and space exploration technologies. Lockheed Martin also plays a key role in various programs related to cybersecurity, autonomy, and advanced manufacturing, focusing on fostering technological advancements that enhance national security and support international defense initiatives. Through its various sectors, the company aims to address complex challenges and provide cutting-edge solutions to enhance safety and security for its clients around the world.
Lockheed Martin Corp., the world's largest military weapons manufacturer, is also a significant supplier to NASA and other non-defense government agencies.
The Trump administration is offering federal workers a resignation program, causing concern that loyalists will replace them. Potential impacts on economy.
Lockheed Martin reported $1.7 billion in charges during Q4, impacting earnings and causing stock drop. Despite the loss, analyst Ronald J. Epstein maintains a $685 price target for the stock, supported by improved margins and F-35 deliveries.
Shares of security and Aerospace company Lockheed Martin (NYSELMT)
fell 8.9% in the morning session after the company reported underwhelming fourth quarter results, with revenue and earnings both falling below Wall Street's expectations. Its full-year EPS guidance also missed significantly. Notably, this quarter's EPS fell short of Wall Street's estimates because the company recorded a $1.3 billion loss in its Missiles and Fire Control (MFC) business segment. Overall, these results could have been better.
The company said its 2025 earnings would be between $27 and $27.30 per share, compared with the market estimate of $27.94 per share, according to FinChat data.
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Tuesday. Uncover the top gainers and losers in today's session for valuable insights.
Security and Aerospace company Lockheed Martin (NYSELMT) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 1.3% year on year to $18.62 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $74.25 billion at the midpoint. Its GAAP profit of $2.22 per share was 66.3% below analysts’ consensus estimates.
Curious about the top performers within the S&P500 index in the middle of the day on Tuesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Tuesday's session is showcasing interesting market movements in the S&P500 index, with notable gap up and gap down stocks. Stay updated with the gapping S&P500 stocks in today's session.
A federal judge in the District of Columbia on Tuesday afternoon temporarily blocked an executive order given by President Donald Trump that imposed a freeze of all federal grants and loans, putting $3 trillion in funding in jeopardy and entire industries on edge.
White House freezes $3 trillion in federal funding, sparking legal and political showdown. Industries like education, healthcare, and clean energy at risk.
Tech stocks attempted a rebound after Monday's devastating crash triggered by DeepSeek, as investors show interest in dip-buying the hardest-hit names.
