Defense stocks are pulling back following Q1 reports from Lockheed Martin NYSE: LMT, Northrop Grumman NYSE: NOC, and RTX NYSE: RTX. The primary cause is uncertainty, followed by tepid guidance. Regarding uncertainty, companies face an unknown impact from tariffs that could affect their profitability. That is a risk that can’t be ignored. Each company reaffirmed its 2025 outlook, calling for growth and enough cash flow to maintain financial strength, reinvest in operations, and return capital to shareholders ...

Industry leaders look to the future with multi-year deal STRATFORD, Conn. and HOUSTON, April 24, 2025 /PRNewswire/ -- Sikorsky, a Lockheed Martin company (NYSE: LMT), and Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced a long-term agreement to provide enhanced support for Bristow's S-92® helicopter fleet. Sikorsky, a Lockheed Martin company, and Bristow Group Inc. announced a long-term agreement to support Bristow's S-92® helicop ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Lockheed Martin (NYSE: LMT ) stock has lost some of its momentum. Last year, the company had been coping with delivery issues on the F-35 program and saw a flurry of charges in Q4Dhierin runs the investing group The Aerospace Forum , whose goal is ...

Lockheed Martin Corp. (LMT) delivered a robust performance in the first quarter of 2025, underscoring its resilience in the defense sector. The company reported earnings per share of $7.28, which beat the Zacks Consensus Estimate by 14.8%. Revenues grew 4.5% year over year to $17.96 billion. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)This growth was primarily driven by sustained demand for its defense products, including missile systems and F-35 fighter jets. Segment-wise, all ...

April 22, 2025 at: www.lockheedmartin.com/investor April 22, 2025 through midnight April 23, 2025 Evan Scott 1 st Quarter 2025 Conference Call April 22, 2025 Webcast login at: James D. Taiclet Chairman, President and CEO Chief Financial Officer Maria Ricciardone Vice President, Treasurer & Investor Relations www.lockheedmartin.com/investor Webcast replay & podcast available by 2:00 p.m. ET Audio replay available from 2:00 p.m. ET 1 Forward-Looking Statements This presentation contains statements that, to th ...

Lockheed Martin Corporation (NYSE:LMT) Q1 2025 Earnings Conference Call April 22, 2025 11:00 AM ET Company Participants Jim Taiclet - Chairman, President, Chief Executive Officer Evan Scott - Chief Financial Officer Maria Ricciardone - Vice President, Treasurer, Investor Relations Conference Call Participants David Strauss - Barclays Jason Gursky - Citi Kristine Liwag - Morgan Stanley Gautam Khanna - TD Cowen Rich Safran - Seaport Pete Skibitski - Alembic Doug Harned - Bernstein Scott Deuschle - Deutsche Ba ...

Expectations were low for Lockheed Martin (LMT -0.40%) heading into earnings season, but the company's results turned out better than some had expected.Shares of Lockheed opened down nearly 4% but rallied to be up 2% as of noon Eastern.Steady guidance provides reliefLockheed, the world's largest pure-play defense contractor, has been flying into turbulence of late. The company lost out to Boeing in a competition to build the Air Force's next fighter jet, a multibillion-dollar opportunity for the winner. And ...

Lockheed Martin Corporation (LMT) reported first-quarter 2025 earnings of $7.28 per share, which beat the Zacks Consensus Estimate of $6.34 by 14.8%. The bottom line increased 15% from the year-ago quarter's reported figure of $6.33 per share. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)The year-over-year improvement in earnings can be attributed to higher sales and consolidated operating profit generated in the first quarter of 2025 compared with the prior-year quarter.Operatio ...

For the quarter ended March 2025, Lockheed Martin (LMT) reported revenue of $17.96 billion, up 4.5% over the same period last year. EPS came in at $7.28, compared to $6.33 in the year-ago quarter.The reported revenue represents a surprise of +1.14% over the Zacks Consensus Estimate of $17.76 billion. With the consensus EPS estimate being $6.34, the EPS surprise was +14.83%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

公司整体财务数据关键指标变化 - 2025年第一季度销售额为180亿美元，较2024年同期的172亿美元增长4%[3][4][5] - 2025年第一季度净利润为17亿美元，每股收益7.28美元，2024年同期净利润为15亿美元，每股收益6.39美元[3] - 2025年第一季度运营现金流为14亿美元，自由现金流为9.55亿美元，2024年同期分别为16亿美元和13亿美元[3][4][5][8] - 本季度公司通过股息和股票回购向股东返还15亿美元现金，其中支付现金股息7.96亿美元，回购170万股，花费7.5亿美元[4][5][9] - 2025年公司财务展望：销售额约737.5 - 747.5亿美元，业务部门运营利润约81 - 82亿美元，摊薄后每股收益约27.00 - 27.30美元等[12] - 2025年第一季度销售额为179.63亿美元，2024年同期为171.95亿美元，同比增长4%[41][43] - 2025年第一季度运营利润为23.72亿美元，2024年同期为20.29亿美元，同比增长17%[41][43] - 2025年第一季度净利润为17.12亿美元，2024年同期为15.45亿美元[41] - 2025年第一季度有效税率为15.9%，2024年同期为15.8%[41] - 2025年第一季度基本每股收益为7.30美元，2024年同期为6.42美元[41] - 截至2025年3月30日，公司总资产为566.69亿美元，较2024年末的556.17亿美元增长约1.9%[44] - 2025年第一季度，公司经营活动产生的净现金为14.09亿美元，较2024年同期的16.35亿美元下降约13.8%[45] - 2025年第一季度，公司净收益为17.12亿美元，较2024年同期的15.45亿美元增长约10.8%[45] - 2025年展望中，公司总FAS/CAS养老金调整为11.25亿美元，较2024年实际的16.86亿美元下降约33.3%[46] - 截至2025年3月30日，公司总积压订单为1729.74亿美元，较2024年末的1760.40亿美元下降约1.7%[47] - 截至2025年3月30日，公司现金及现金等价物为18.03亿美元，较2024年末的24.83亿美元下降约27.4%[44] - 2025年第一季度，公司资本支出为4.54亿美元，较2024年同期的3.78亿美元增长约20.1%[45] - 2025年第一季度，公司回购普通股支出7.50亿美元，较2024年同期的10.00亿美元下降约25%[45] 各业务线数据关键指标变化 - 航空航天业务2025年第一季度销售额为70.57亿美元，较2024年同期增长2.12亿美元（3%），运营利润增长4100万美元（6%）[17][18] - 导弹与火控业务2025年第一季度销售额为33.73亿美元，较2024年同期增长3.8亿美元（13%），运营利润增长1.54亿美元（50%）[20][21] - 旋转与任务系统业务2025年第一季度销售额为43.28亿美元，较2024年同期增长2.4亿美元（6%），运营利润增长9100万美元（21%）[23][24] - 太空业务2025年第一季度销售额为32.05亿美元，较2024年同期下降6400万美元（2%），运营利润增长5400万美元（17%）[25][26] - 2025年第一季度航空航天业务销售额为70.57亿美元，同比增长3%，运营利润为7.20亿美元，同比增长6%[43] - 2025年第一季度导弹与火力控制业务销售额为33.73亿美元，同比增长13%，运营利润为4.65亿美元，同比增长50%[43] - 2025年第一季度旋转与任务系统业务销售额为43.28亿美元，同比增长6%，运营利润为5.21亿美元，同比增长21%[43] - 2025年第一季度太空业务销售额为32.05亿美元，同比下降2%，运营利润为3.79亿美元，同比增长17%[43] 飞机交付情况 - 2025年第一季度，公司F - 35飞机交付47架，2024年同期无交付[47] - 2025年第一季度，公司F - 16飞机交付4架，较2024年同期的3架增长约33.3%[47] 运营利润相关 - 2025年业务部门运营利润（非GAAP）约为81 - 82亿美元，合并运营利润（GAAP）约为89.15 - 90.15亿美元[32] 有效所得税税率 - 公司2025年和2024年第一季度有效所得税税率分别为15.9%和15.8%[29]