- Lockheed Martin reported fourth quarter revenues of $11.5 billion, down from last year's Q4 revenues of $12.1 billion.
- Net earnings for the quarter came in at $488 million, or $1.50 per share, down significantly from last year's Q4 figures of $569 million, or $1.73 per share. However, on an adjusted basis, not including one-time charges, LMT's EPS for the quarter came in at $2.04.
- LMT beat analysts' expectations of $1.99 EPS on revenues of $11.34 billion.
- Looking ahead to the FY2014, Lockheed Martin sees EPS in the range of $10.25 to $10.55, and revenue in the range of $44 billion to $45.5 billion.
LMT - Upcoming Dividend Payouts
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LMT - Dividend Yield & Stock Price History
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Dividend.com DARS Rating™ Breakdown for LMT
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|Reveal Dividend Growth History for LMT.||21.9%||15.2%||11 years|
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Lockheed Martin (LMT) - News
Lockheed Martin (LMT) reported its second quarter earnings before the opening bell on Tuesday morning, posting lower sales and higher earnings...
Early on Wednesday morning, it was announced that defense company Lockheed Martin (LMT) won a contract with the U.S. Air Force to work on two...
Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
Before the opening bell on Tuesday, Lockheed Martin (LMT) reported its first quarter earnings, with net sales decreasing and earnings increasing...
Lockheed Martin Corporation Beats Estimates; Gives FY2014 Guidance (LMT)Jan 23, 2014Lockheed Martin (LMT) reported its fourth quarter earnings early on Thursday morning, posting a decline in its quarterly sales from last year's same period. LMT's Earnings in Brief
Lockheed Martin Corporation 2014 Outlook Hinges on Budget Deal (LMT)Dec 16, 2013The Maryland-based aerospace and defense manufacturer, Lockheed Martin (LMT) , announced on Monday that it may have to revise its outlook for the year ahead depending on whether or not Congress passes the proposed two-year budget deal. Marillyn Hewson, the company's CEO, is hopeful that the U.S. Senate will approve the proposed agreement that passed through the House of Representatives last week. The proposed budget deal would call for roughly half of the $52 billion in automatic spending cuts facing the Pentagon in 2014. Hewson went on to state "We had factored sequestration in, so now that we have more input ... assuming that the budget gets approved, we'll have an opportunity to revisit what our outlook is." Shareholders can expect for any revisions in the company's guidance to be issued during the next earnings call on January 23rd, 2014. If the budget deal passes, Lockheed Martin will most likely revise upwards its outlook to reflect the higher defense budget that the U.S. government will have to spare. Lockheed Martin shares inched higher to kick off the week, gaining 0.73% as the closing bell rang. The stock is up nearly 52% year-to-date.
The Bottom LineShares of Lockheed Martin (LMT) are yielding 3.8% based on Monday's closing price of $140.05. Lockheed Martin (LMT) is recommended at this time, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
Lockheed Martin Q3 Profits Rise, Matching Estimates; Improves Outlook (LMT)Oct 22, 2013Shares of aerospace company Lockheed Martin Corporation (LMT) were up on Tuesday morning after the company reported higher Q3 earnings and an improved outlook for FY2013. The Bethesda, MD based company posted third quarter earnings of $842 million or $2.57 per share, compared to $727 million, or $2.21 per share a year ago. Adjusted earnings were $873 million, or $2.66 per share, which matched analysts estimates. Revenue for the quarter was $11.3 billion from $11.9 billion last year. On average, analysts expected to see revenue of $11.15 billion. Looking ahead, LMT has boosted its earnings outlook for FY2013 from a range of $9.20 - $9.50 per share to a new range of $9.40 - $9.70 per share. The company now expects to see sales for the year of $45 million. Analysts are expecting to see earnings of $9.50 per share and $44.97 billion in revenue Lockheed Martin shares were up $3.50, or 2.79% during premarket trading Tuesday. The stock is up 36% YTD.
The Bottom LineShares of Lockheed Martin Corporation (LMT) have a 4.25% yield, based on Monday's closing price of $125.30. Lockheed Martin Corporation (LMT) is a "Recommended" dividend stock at this time, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
Defense darling Lockheed Martin (LMT) announced a substantial dividend increase today. The Bethesda, MD-based company announced today that it...
Lockheed Martin Acquires Armor Group (LMT)Sep 11, 2013The Maryland-based aerospace & defense manufacturer Lockheed Martin (LMT) announced on Wednesday that it is acquiring an IT firm based in the United Kingdom. Specifically, Lockheed Martin is acquiring Armor Group, which is a company that specializes in providing information technology services to businesses in the energy, transport, and public services sectors. Headquartered in Glasgow, Scotland, Armor Group is a privately held company with offices in 15 countries and a staff of over 500 employees. One of the company's biggest success stories is the Chroma Airport Suite, which is an operational system used in more tan 75 airports to help track both aircraft movements as well as passengers. Lockheed Martin did not disclose any specific terms regarding the acquisition. Lockheed Martin shares climbed higher on Wednesday, gaining 1.20% on the day. The stock is up 37% YTD.
The Bottom LineShares of Lockheed Martin (LMT) are yielding 3.63% based on Wednesday's closing price of $126.57. Lockheed Martin (LMT) is recommended at this time, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
Lockheed Martin Q2 Earnings Beat Estimates; Boosts Fiscal 2013 EPS Outlook (LMT)Jul 23, 2013Lockheed Martin Corporation (LMT) , the United States' largest defense contractor, reported early on Tuesday that it saw an increase in second quarter profits, even as sales declined year-over-year partially due to the U.S. government's budget cuts. Both earnings and revenues beat Wall Street expectations. The Bethesda, Maryland-based company posted second quarter net earnings of $859 million, or $2.64 per share, up 10% from $781 million, or $2.38 per share, earned in the second quarter of 2012. According to analysts polled by Thomson Reuters, the company was expected to earn $2.20 per share in the quarter. Lockheed's second quarter net sales came in at $11.41 billion, down from $11.92 billion in sales posted last year. However, analysts were expecting the comapny to see revenues of $11.13 billion in the quarter. Furthermore, the company said it is raising its fiscal 2013 earnings outlook; it now expects to earn between $9.20 and $9.50 per share for the year, up from the prior view of earnings coming in between $8.80 and $9.10 per share. The company did not change its sales outlook; it still expects to see fiscal 2013 sales at the low end between $44.5 billion and $46.00 billion. Analysts are expecting the company to earn $9.01 per share on revenues of $44.90 billion in 2013. "Overall, we had strong operational performance and program execution across all business areas this quarter, enabling us to increase 2013 financial guidance for operating profit, earnings per share, and cash from operations," said Lockheed Martin Chief Executive Officer and President Marillyn Hewson. "Even in an uncertain budget environment, our portfolio of products and capabilities, robust cash generation, and outstanding performance by our 116,000 employees, continue to deliver value to our customers and shareholders." Lockheed Martin shares were up $3.05, or 2.64%, during pre-market trading on Tuesday. The stock is up 25.31% year-to-date. The Bottom Line Shares of Lockheed Martin (LMT) offer a dividend yield of 3.98% based on last night's closing price of $115.65 and the company's annualized dividend payout of $4.60 per share. Lockheed Martin Corporation (LMT) is recommended at this time, holding a Dividend.com DARS™ Rating of 3.6 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.