earnings
confidence high
sentiment positive
materiality 0.75
Lockheed Martin Q3 net sales $16.9B (+2% YoY); EPS $6.73; raises dividend to $3.15/share
LOCKHEED MARTIN CORP
2023-Q3 EPS reported
$19.97
revenue$48,697,000,000
- Net sales $16.9B, up 2% YoY; net earnings $1.7B ($6.73 EPS) vs $1.8B ($6.71) last year.
- Cash from ops $2.9B, free cash flow $2.5B; returned $2.5B to shareholders via dividends & buybacks.
- Backlog $156B; board increased buyback authority by $6B to $13B total.
- Quarterly dividend raised to $3.15 per share.
- Reaffirms 2023 outlook; awarded AIR6500 integrated air & missile defense by Australia.