Lockheed Martin Corporation announced first-quarter 2022 earnings of $6.44 per share, exceeding the Zacks Consensus Estimate by 3.5%. While the company recorded a slight decrease in backlog from $135.36 billion to $134.23 billion, it continues to display resilience with ongoing revenue growth. However, challenges from geopolitical tensions, particularly regarding U.S.-Turkey relations, may impact future performance as the defense contractor prepares to address staffing needs with nearly 200 open positions.
“Lockheed Martin LMT · reported first-quarter 2022 earnings of · $6.44 per share · surpassed the Zacks Consensus Estimate of $6.22 by 3.5%”
“Lockheed Martin · ended the first quarter of 2022 with · $134.23 billion in the backlog · compared with $135.36 billion at the end of the fourth quarter of 2021”
“Lockheed Martin LMT · reported first-quarter 2022 earnings of · which surpassed the Zacks Consensus Estimate of · $6.22 by 3.5%”
“Lockheed Martin · has been in · the aerospace industry · 100 years”
“Lockheed Martin Corp (LMT) · accounts for about · 3.02% of the fund's total assets · true”
“Lockheed Martin · reported · first-quarter 2022 earnings · $6.44 per share”
“Lockheed Martin · ended the first quarter of 2022 with · $134.23 billion in backlog”
“Lockheed Martin · has been in the aerospace industry for · 100 years”
“Lockheed Martin · surpassed · earnings estimates”
“Lockheed Martin · has been in the aerospace industry for · 100 years · true”
“Lockheed Martin · reported first-quarter 2022 earnings of · $6.44 per share · which surpassed the Zacks Consensus Estimate of $6.22 by 3.5%”
“Lockheed Martin Corporation · is listed on · NYSE · LMT”
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