Operator Good day, and welcome, everyone, to the Lockheed Martin third quarter 2024 earnings results conference call. Today's call is being recorded. [Operator instructions] At this time, for opening remarks and introductions,

Lockheed Martin (LMT) stock tumbled Tuesday afternoon following the company's mixed third quarter earnings report. The aerospace and defense giant posted revenue of $17.1 billion, falling short of Wall Street's expected $17.

Third-quarter EPS of $6.80 beat expectations by 4.6%, driven by efficient cost management and improved margins. Key segments such as Missiles and Fire Control (MFC) achieved an 8% year-over-year uptick in net sales and a 15% boost in operating profits. The Rotary and Mission Systems (RMS) segment managed a 6% sales increase.

We expect the company to post mixed results, with revenue of $17.0 billion and earnings of $6.50 per share, compared to the consensus estimates of $17.4 billion and

Lockheed Martin Corporation reported third-quarter earnings that surpassed analyst expectations, while revenue fell short of estimates. The defense contractor also provided guidance for fiscal year 2024 that exceeded Wall

Lockheed Martin is set to report its third-quarter financial results before Tuesday's opening bell. Here's a look at what investors will be watching.

Defense contractor Lockheed Martin lifted its annual profit and sales forecasts on Tuesday, but shares slid 5% because the company's F-35 fighter jet program faced payment headwinds stemming from the government contracting process.