Taking a Have a look at Key Metrics Versus Estimates
Lockheed Martin (LMT) reported $18.99 billion in income for the quarter ended December 2022, representing a year-over-year improve of seven.1%. EPS of $7.79 for a similar interval compares to $7.24 a 12 months in the past.
The reported income represents a shock of +4.06% over the Zacks Consensus Estimate of $18.25 billion. With the consensus EPS estimate being $7.41, the EPS shock was +5.13%.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times supply a extra correct image of an organization’s monetary well being.
Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher mission a inventory’s worth efficiency.
Right here is how Lockheed carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
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Internet sales-Aeronautics: $7.64 billion versus the five-analyst common estimate of $7.39 billion. The reported quantity represents a year-over-year change of +7.1%.
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Internet sales-Rotary and Mission Programs: $4.80 billion versus the five-analyst common estimate of $4.65 billion. The reported quantity represents a year-over-year change of +7.7%.
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Internet sales-Missiles and Fireplace Management: $3.29 billion versus $3.18 billion estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +2.1% change.
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Internet sales-House: $3.27 billion in comparison with the $3.03 billion common estimate primarily based on 5 analysts. The reported quantity represents a change of +11.7% 12 months over 12 months.
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Working Revenue – Aeronautics: $816 million versus $801.35 million estimated by 5 analysts on common.
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Working Revenue – House: $231 million versus the five-analyst common estimate of $245.90 million.
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Working Revenue – Rotary and Mission Programs: $508 million versus $492.07 million estimated by 5 analysts on common.
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Working Revenue – Missiles and Fireplace Management: $451 million versus the five-analyst common estimate of $441.47 million.
View all Key Firm Metrics for Lockheed right here>>>
Shares of Lockheed have returned -8.7% over the previous month versus the Zacks S&P 500 composite’s +4.6% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.
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Lockheed Martin Corporation (LMT) : Free Stock Analysis Report