Lockheed Martin (NYSE:LMT) reported its Q4 earnings results on Tuesday, January 25, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Lockheed Martin beat estimated earnings by 4.48%, reporting an EPS of $7.47 versus an estimate of $7.15, which did not surprise analysts.
Revenue was up $697.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24, which was followed by a 0.29% drop in the share price the next day.
Here’s a look at Lockheed Martin’s past performance:
|Quarter||Q3 2021||Q2 2021||Q1 2021||Q4 2020|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Lockheed Martin management provided guidance for their next quarter, expecting earnings between $26.7 and $26.7 per share for the next quarter.
This represents a 257.43% in quarter-over-quarter growth for Lockheed Martin, a bullish signal to many investors.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.