Lockheed Martin Q3 earnings

Lockheed Martin Q3 earnings are tomorrow 10/17/23 at 7:30am EST. Lockheed Martin (LMT) reported earnings of 6.73 per share on revenue of 16.69 billion for Q2 June 2023. The consensus earnings estimate was 6.43 per share on revenue of 15.86 billion. The company beat expectations by 1.36% while revenue grew 8.07% on a year-over-year basis.

The company said it expects 2023 earnings of 27 to 27.20 per share on revenue of 66.25 billion to 66.75 billion. The company's previous guidance was earnings of 26.60 to 26.90 per share on revenue of 65 billion to 66 billion, and the current consensus earnings estimate is 26.79 per share on revenue of 65.77 billion for the year ending December 31, 2023.

3rd quarter, Sep 2023 Consensus:
EPS = 6.67
Revenue: 16.70 B

SMA50 = 433
SMA100 = 445
SMA200 = 457

TTCATR20:
resistance = 450
SMA20 = 419
support = 388

Options Data:
10/20 expiry
Put Volume Total 1,200
Call Volume Total 3,414
Put/Call Volume Ratio 0.35
Put Open Interest Total 8,956
Call Open Interest Total 17,389
Put/Call Open Interest Ratio 0.52

10/27 expiry
Put Volume Total 253
Call Volume Total 505
Put/Call Volume Ratio 0.50
Put Open Interest Total 1,647
Call Open Interest Total 5,585
Put/Call Open Interest Ratio 0.29

11/17 expiry
Put Volume Total 267
Call Volume Total 583
Put/Call Volume Ratio 0.46
Put Open Interest Total 3,664
Call Open Interest Total 6,745
Put/Call Open Interest Ratio 0.54

Comment:

Tuesday, October 17, 2023 at 7:29 AM ET

Lockheed Martin (LMT) reported earnings of 6.77 per share on revenue of 16.88 billion for the third quarter ended September 2023. The consensus earnings estimate was 6.67 per share on revenue of 16.70 billion. The company missed expectations by 0.59% while revenue grew 1.78% on a year-over-year basis.

The company said it continues to expect 2023 earnings of 27 to 27.20 per share on revenue of 66.25 billion to 66.75 billion. The current consensus earnings estimate is 27.07 per share on revenue of 66.74 billion for the year ending December 31, 2023.