The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Lockheed Martin's revenues will wane -8.5% and EPS will increase 1.0%.
The average estimate for revenue is $10.33 billion. On the bottom line, the average EPS estimate is $2.04.
Last quarter, Lockheed Martin reported revenue of $12.10 billion. GAAP reported sales were 0.9% lower than the prior-year quarter's $12.21 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.78. GAAP EPS of $1.74 for Q4 were 17% lower than the prior-year quarter's $2.09 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 9.0%, 60 basis points better than the prior-year quarter. Operating margin was 7.2%, 70 basis points better than the prior-year quarter. Net margin was 4.7%, 90 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $45.11 billion. The average EPS estimate is $8.92.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,788 members out of 1,907 rating the stock outperform, and 119 members rating it underperform. Among 489 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 471 give Lockheed Martin a green thumbs-up, and 18 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Lockheed Martin is hold, with an average price target of $93.93.
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