Why The Lockheed Martin Stock Increased 1.73% (LMT)

By Amit Chowdhry ● Jan 25, 2023
  • The stock price of Lockheed Martin (LMT) increased by 1.73% in the most recent trading session. This is why.

The stock price of Lockheed Martin (LMT) increased by 1.73% in the most recent trading session.

Why: Q4 results

ResultsLockheed Martin reported a Q4 EPS of $7.79, which was $0.38 higher than analyst estimates of $7.41. And the revenue for the quarter was $19 billion compared to the consensus estimate of $18.26 billion.

Guidance: Lockheed Martin estimates a FY2023 EPS of $26.60 to $26.90 compared to the estimates of $26.93. And Lockheed Martin estimates a FY2023 revenue range of $65 to $66 billion compared to the estimates of $65.74 billion.