LMT
Lockheed Martin Corporation
NYSE: LMT · INDUSTRIALS · AEROSPACE & DEFENSE
$509.81
-0.48% today
Updated 2026-04-29
Market cap
$119.43B
P/E ratio
25.08
P/S ratio
1.59x
EPS (TTM)
$20.65
Dividend yield
2.65%
52W range
$402 – $692
Volume
1.6M
Lockheed Martin Corporation (LMT) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
5 of 8
Last 8 quarters
Avg EPS surprise
-18.8%
Last 4 quarters
Revenue YoY growth
+0.3%
Most recent quarter
EPS YoY growth
-11.5%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
-1.7%
Last 3 reports
Positive reaction rate
33%
1 of 3 quarters
Largest single-day move
-7.6%
2026-04-23
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-04-23 | $6.44 | -4.3% | $555.43 | $513.45 | -7.6% |
| 2026-01-29 | $5.80 | -2.7% | $597.27 | $634.22 | +6.2% |
| 2025-10-21 | $6.95 | +9.4% | $505.90 | $487.14 | -3.7% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2026-03-31 | $6.73 | $6.44 | -4.3% | $18.02B | +0.3% |
| 2025-12-31 | $5.96 | $5.80 | -2.7% | $20.33B | +9.2% |
| 2025-09-30 | $6.35 | $6.95 | +9.4% | $18.61B | +8.8% |
| 2025-06-30 | $6.51 | $1.46 | -77.6% | $18.16B | +0.2% |
| 2025-03-31 | $6.35 | $7.28 | +14.6% | $17.96B | +4.5% |
| 2024-12-31 | $6.62 | $7.71 | +16.5% | $18.62B | -1.3% |
| 2024-09-30 | $6.44 | $6.84 | +6.2% | $17.10B | +1.3% |
| 2024-06-30 | $6.45 | $7.11 | +10.2% | $18.12B | — |
| 2024-03-31 | $5.83 | $6.33 | +8.6% | $17.20B | — |
| 2023-12-31 | $7.25 | $7.90 | +9.0% | $18.87B | — |
| 2023-09-30 | $6.64 | $6.77 | +2.0% | $16.88B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $30.19 | $79.9B | +6.5% | 15 | high |
| 2027 (E) | $32.28 | $83.8B | +4.9% | 15 | high |
| 2028 (E) | $34.75 | $88.5B | +5.6% | 15 | medium |
| 2029 (E) | $37.40 | $93.8B | +6.0% | 15 | medium |
| 2030 (E) | $40.20 | $99.5B | +6.1% | 15 | medium |
Frequently asked questions
Has Lockheed Martin Corporation beaten earnings estimates?
Lockheed Martin Corporation has beaten Wall Street EPS estimates in 5 of its last 8 quarterly reports, with an average EPS surprise of -18.8% over the last 4 quarters.
How does LMT stock react to earnings?
LMT stock has moved an average of -1.7% in the trading day following earnings over its last 3 reports, with positive reactions in 33% of those quarters.
What is Lockheed Martin Corporation's revenue growth rate?
Lockheed Martin Corporation reported year-over-year revenue growth of +0.3% in its most recent quarter, with EPS growing -11.5% year-over-year.
What is the expected EPS for LMT in 2026?
Analysts expect Lockheed Martin Corporation to report EPS of $30.19 for fiscal year 2026, on revenue of $79.9B, based on estimates from 15 analysts.