Lockheed Martin exceeds earnings, revenue expectations; declares $3.30 quarterly dividend.
Lockheed Martin Co. (NYSE:LMT) reported earnings of $7.11 per share and $18.12 billion in revenue, exceeding analysts’ expectations. The company declared a quarterly dividend of $3.30, payable on December 27. Institutional investors have varied in their holdings, with some reducing and others increasing their stakes. Analysts generally rate the stock as a "Moderate Buy," with target prices ranging from $525 to $704.
October 15, 2024
16 Articles