- Lockheed Martin reported cash flow from operations at $1.41 billion, marking a 14% decrease year-over-year, missing the estimated $1.5 billion.
- Earnings per share (EPS) rose to $7.28, compared to $6.39 in the previous year.
- The company’s backlog reached $172.97 billion, showing an 8.5% increase from last year.
- Operating profit grew by 17% to $2.37 billion, surpassing the estimate of $2.17 billion.
- Aeronautics division’s operating profit was $720 million, a 6% increase year-over-year, above the estimated $701.4 million.
- Missiles and Fire Control reported a significant 50% increase in operating profit to $465 million, exceeding the estimate of $438.4 million.
- Rotary and Mission Systems operating profit was $521 million, up by 21%, higher than the expected $465.6 million.
- The Space division achieved a 17% rise in operating profit to $379 million, topping the $312.6 million estimate.
- Free cash flow totaled $955 million, down by 24% year-over-year, falling short of the $1.12 billion estimate.
- Lockheed Martin delivered 47 F-35 aircraft during the first quarter.
- Analyst ratings include 10 ‘buy’ recommendations, 18 ‘hold’, and 1 ‘sell’.
Lockheed Martin on Smartkarma
Analyst coverage of Lockheed Martin on Smartkarma reveals insights from top independent analysts. Baptista Research published research on “Pentagon’s Favorite Contractor? Why Lockheed Martin’s Defense Empire Will Keep Soaring!- Major Drivers,” highlighting the company’s recent earnings report for the fourth quarter and full year 2024. Despite facing challenges from significant charges related to classified programs, Lockheed Martin showed resilience with revenue growth and an expanding backlog, reaching $71 billion in sales growth for 2024. This analysis leans bullish on Lockheed Martin‘s defense prospects.
Another report on Lockheed Martin by Baptista Research delves into whether the company can capitalize on the current aerospace and defense macro environment. The discussion, based on the third-quarter earnings call for 2024, emphasizes Lockheed Martin‘s robust demand across business sectors, leading to a record backlog exceeding $165 billion. The strong market position of Lockheed Martin, driven by increased orders for precision and air defense munitions, is highlighted as a key factor signaling ongoing demand for the company’s defense products. This analysis also leans bullish on Lockheed Martin‘s market potential.
A look at Lockheed Martin Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Lockheed Martin Corporation, a global security company with diverse business segments including space, electronics, and aeronautics, has received a positive outlook based on the Smartkarma Smart Scores. With a Momentum score of 4, indicating strong market performance, Lockheed Martin is showing promising signs. The company also scores well in Dividend, Growth, and Resilience, with scores of 3 across these factors. While the Value score is at 2, suggesting room for improvement, the overall positive sentiment towards Lockheed Martin points towards a favorable long-term outlook.
As a leader in advanced technology products and services, Lockheed Martin‘s global presence and focus on innovation position it well for future growth and resilience in the market. Investors may find the company appealing based on its balanced scores across different factors, indicating a well-rounded investment opportunity. With a solid foundation in security and technology, Lockheed Martin appears poised for steady advancement in the long run, supported by its diversified business portfolio and strong momentum in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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