Lockheed Martin's stock slips as earnings fall short of estimates

Dow Jones

01-28

MW Lockheed Martin's stock slips as earnings fall short of estimates

Lockheed Martin Corp.'s stock fell 3.5% early Tuesday, after the aerospace and defense company's fourth-quarter earnings fell short of estimates as it booked losses on classified programs.

Bethesda, Md.-based Lockheed $(LMT)$ had per-share earnings of $2.22 in the quarter, down from $7.58 a share, in the year-earlier period, weighed down by $1.7 billion of losses for classified programs. Sales fell to $18.6 billion from $18.9 billion. The FactSet consensus was for EPS of $6.62 and sales of $18.8 billion.

(This story will be updated shortly)

-Ciara Linnane

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

January 28, 2025 07:41 ET (12:41 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Sales fell to $18.6 billion from $18.9 billion. The FactSet consensus was for EPS of $6.62 and sales of $18.8 billion. \n</p>\n<p>\n     (This story will be updated shortly) \n</p>\n<p>\n     -Ciara Linnane \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 28, 2025 07:41 ET (12:41 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LMT","symbol_name":"洛克希德馬丁","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2506186825","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506186825","pubTimestamp":1738068060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Lockheed Martin Corp.'s stock fell 3.5% early Tuesday, after the aerospace and defense company's fourth-quarter earnings fell short of estimates as it booked losses on classified programs.Bethesda, Md.-based Lockheed  had per-share earnings of $2.22 in the quarter, down from $7.58 a share, in the year-earlier period, weighed down by $1.7 billion of losses for classified programs. Sales fell to $18.6 billion from $18.9 billion. The FactSet consensus was for EPS of $6.62 and sales of $18.8 billion.This content was created by MarketWatch, which is operated by Dow Jones & Co. 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