Lockheed Martin Corporation (LMT)
Pre-market:
| Previous close | 461.33 |
| Open | 466.11 |
| Bid | 458.83 x 1000 |
| Ask | 462.00 x 900 |
| Day's range | 457.66 - 473.54 |
| 52-week range | 393.77 - 479.50 |
| Volume | |
| Avg. volume | 1,189,461 |
| Market cap | 110.647B |
| Beta (5Y monthly) | 0.47 |
| PE ratio (TTM) | 16.83 |
| EPS (TTM) | 27.33 |
| Earnings date | 16 July 2024 - 22 July 2024 |
| Forward dividend & yield | 12.60 (2.74%) |
| Ex-dividend date | 29 Feb 2024 |
| 1y target est | 484.40 |
- Yahoo Finance Video
Boeing's problems are good for GE Aerospace: Analyst explains
GE Aerospace (GE) has reported its first quarterly results since becoming an independent company after its spin-off from General Electric. The aerospace developer raised its 2024 profit forecast, buoyed by strong sales for jet engine parts and services. GE Aerospace shares are boosted in Tuesday's trading session after topping first-quarter earnings and revenue estimates. Argus Research President John Eade joins the Morning Brief to provide insights into GE Aerospace's performance. Eade describes the current period as "a good time right now for GE Aerospace" citing multiple tailwinds in the aviation industry — namely Boeing's (BA) production backlog and assembly concerns — coupled with the company's outstanding quarterly report, painting "a great story" for its future. Eade highlights that the separation into an independent entity allowed investors to "capture value" that was previously missing under GE's original broad business model. Shifting his focus to Lockheed Martin (LMT), Eade mentions that the aerospace manufacturer and defense contractor lacks "commercial exposure" and cannot grow as rapidly as GE Aerospace "despite the good news out of Washington" surrounding potential foreign aid packages to Israel and Ukraine. Eade ultimately recommends Lockheed Martin to investors looking for value. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Simply Wall St.Lockheed Martin First Quarter 2024 Earnings: Beats Expectations
Lockheed Martin ( NYSE:LMT ) First Quarter 2024 Results Key Financial Results Revenue: US$17.2b (up 14% from 1Q 2023...
- GuruFocus.com
Lockheed Martin Corp (LMT) Q1 2024 Earnings Call Transcript Highlights: Strategic Insights and ...
Explore key updates on revenue growth, program developments, and strategic initiatives from Lockheed Martin's first quarter earnings call.
