Lockheed Martin Corp (LMT)

[lilLu]

BRO! lmao yes I love my Lockheed. I love the divis even more! Great longterm value Hold and free money just for holding. We've been in this range for a long time now. Get Some!
Let's Go Lockheed!

[Alpha611]

lol....BIGlu!
lol...Your all over the place!
Starting to feel like one of those Shiba pets.

[12Jokera]

I'm at 200 Inverness temperance mi the nanorobots are coming for your lives with guns

[12Jokera]

Bounty on Lockheed Martin head and wife's head from USA army leave the country tonight your time bomb ticking

[12Jokera]

Hey Lockheed hopefully kiss your wife goodbye Ultron is taking over from scottiep know what IM SAYING!!!

[Porterhouse10]

LSD!

[12Jokera]

Hey ww4 has been declared hopefully some agents contacted you my laptop was hacked along with my ears and the voice that says who ever hacked me better have some kind of power ranger suit fall guy the virgin mary water has already broke on the other side of the stargates. Balls of lights were in my room

[Porterhouse10]

Added! Bring down again Add again!

[Lowjack]

Here's your "I told you so!"

[lilLu]

It's at 11E time.
Let's Go Lockheed!

[fuzzy]

Its a LT hold for me,, this was sort of expected, See what the CCall brings in a bit..........

[lilLu]

Let's Go Lockheed!

[lilLu]

Still a great buy moving forward. Watching Space division closely as mankind goes interstellar

[fuzzy]

UH-OH


Lockheed Martin Shares Slip On Q3 Revenue Miss, Lowered FY21 Outlook

9:16 am ET October 26, 2021 (Benzinga) Print

Lockheed Martin Corp (NYSE: LMT) reported a third-quarter FY21 net sales decline of 2.8% year-over-year to $16.03 billion, missing the consensus of $17.12 billion.
Aeronautics sales of $6.57 billion (-1.7% Y/Y); operating margin 10.9%, up by 30 bps, and backlog at the end of the quarter was $47.89 billion.
Missiles and Fire Control sales of $2.78 billion (-6.4% Y/Y); operating margin 14.9% up by 130 bps, and backlog at the end of the quarter was $27.58 billion.
Rotary and Mission Systems sales of $3.98 billion (-0.5% Y/Y); operating margin 11.5%, up 140 bps, and backlog at the end of the quarter was $34.1 billion.
Space sales of $2.7 billion (-5.2% Y/Y); operating margin 9.8%, up by 110 bps, and backlog at the end of the quarter was $25.27 billion.
EPS decreased to $2.21 compared to $6.25 in 3Q20, beating the consensus of $1.97.
The operating profit increased by 6.8% Y/Y to $2.29 billion, and the margin expanded by 130 bps to 14.3%.
Lockheed Martin generated Cash from operating activities year-to-date of $4.95 billion, compared to $6.38 billion a year ago.
At the end of the quarter, the company's backlog was $134.85 billion (-8.3% Y/Y).
Lockheed Martin recently increased its quarterly dividend by $0.20 per share to $2.80 per share, beginning with the dividend payment in Q4. Additionally, it also increased the share repurchase authority by $5 billion with $6 billion in total remaining authorization for future repurchases.
FY21 Outlook: Lockheed Martin expects net sales of ~$67 billion (prior expectation $67.3 billion - $68.7 billion) against the consensus of $68.34 billion.
Adjusted EPS of ~$27.17 (prior $26.70 - $27) versus the consensus of $22.19.
FY22 preliminary outlook: Lockheed Martin expects net sales to decline from expected 2021 levels to ~$66 billion versus the consensus of $70.5 billion.
It sees the 2022 total business segment operating margin to be ~11%. Cash from operations to be greater than or equal to $8.4 billion.
Price Action: LMT shares are trading lower by 6.86% at $350.5 on the last check Tuesday.

[lilLu]

https://www.zacks.com/stock/news/1816545/lockheed-martin-lmt-tops-q3-earnings-estimates
Let's Go Lockheed!

[bubka]

Sorry, I do not know where all the question marks are coming from

[bubka]

That is not what I posted???????

[bubka]

??????

[lilLu]

Earnings call tomorrow.
Let's Go Lockheed!

[lilLu]

Eps down, for multiple factors. Rev expected 4% increase yoy quarter. Still a great buy!
https://www.nasdaq.com/articles/earnings-preview%3A-lockheed-martin-lmt-q3-earnings-expected-to-decline-2021-10-19
Let's Go Lockheed!

[bubka]

Ok, we did bounce off 340ish so maybe it’s onward and upward from here.

Never forget… we’re just at the mercy of whatever the big boys want the stock to do.

[lilLu]

https://www.defensedaily.com/lockheed-martin-delivers-new-airborne-high-energy-laser-for-testing-on-an-ac-130j/air-force/
Let's Go Lockheed!

[lilLu]

https://seekingalpha.com/news/3748129-lockheed-martin-opens-advanced-production-facility-in-courtland-alabama
Let's Go Lockheed!

[lilLu]

Great company! Great buy!
Let's Go Lockheed!

[fuzzy]

Lockheed Martin raises dividend by nearly 8%, buybacks by $5 billion

Lockheed Martin Corp. LMT, +0.72% said late Thursday its board raised its dividend and its authority to buy back stock. The aerospace company said its fourth-quarter dividend of $2.80 a share represents a 7.6% increase and is payable Dec. 27 to shareholders as of Dec.1. The board also authorized an additional $5 billion of share buyback power, raising the company’s total authority to $6 billion. Lockheed Martin shares were up 0.5% after hours, following a 0.7% rise in the regular session to $344.20. Shares have fallen 10% over the past 12 months, compared with a 37% gain on the S&P 500 index SPX, +1.21%.

[lilLu]

Very nice!
https://finance.yahoo.com/news/lockheed-lmt-rewards-shareholders-7-152403403.html
Let's Go Lockheed!

[Lowjack]

Then they let this kind of stuff happen with acting activist judges!

Somebody else call the FBI and Homeland and stop her from leaving!

https://www.cnbc.com/2021/09/24/huawei-cfo-meng-wanzhou-to-be-released-after-agreement-with-us-in-fraud-case.html

[lilLu]

Bro this sell-off has been vicious and I don't think it's over. Death cross! Along with the fears going into the new year, we might see $200's bro. Buy the fear!
Let's Go Lockheed!

[bubka]

Ok, we broke 340 on the way down today.

Hopefully up from here.

[lilLu]

I saw that one earlier. This one's an interesting read.
https://techcrunch.com/2021/09/07/aerospace-primes-northrup-lockheed-join-in-orbit-fabs-over-10m-funding-round/
Let's Go Lockheed!

[lilLu]

Looking forward to a positive announcement regarding aerojet merger.
https://www.forbes.com/sites/lorenthompson/2021/09/07/five-factors-that-should-drive-the-ftcs-assessment-of-a-lockheed-aerojet-merger/?sh=f497ef9c0b86
Let's Go Lockheed!

[bubka]

Motley Fool article speculates that due to delays, the Pentagon will cancel launches awarded to United Launch Alliance (UAL), the LM/Boeing space partnership and award them to Spacex.
LMT & BA stocks both down this morning.

https://www.fool.com/investing/2021/09/07/blue-origins-slowness-could-hurt-boeing-lockheed/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

[lilLu]

What's crazy is I still remember sitting on my grandmother's couch watching it. I still hear the dudes voice from the commercial lol now I own shares!
Let's Go Lockheed!

[lilLu]

Yes Skunkworks is incredibly innovative! I remember the old SR-71 Blackbird commercials when I was a kid. Over 3 times the speed of sound! Highest and fastest!.
Let's Go Lockheed!

[lilLu]

https://www.politico.com/news/2021/09/06/skunk-works-lockheed-martin-facility-509540
Let's Go Lockheed!

[lilLu]

Congress supports Lockheed! Aerojet deal should be done by eoy. Market share! We're gonna be over $500 soon. Buy these prices!
https://finance.yahoo.com/amphtml/news/exclusive-lockheeds-aerojet-deal-gets-151554388.html#amp_tf=From%20%251%24s&aoh=16305880297427&csi=0&referrer=https%3A%2F%2Fwww.google.com
Let's Go Lockheed!

[BOS]

Yup

[lilLu]

https://seekingalpha.com/amp/article/4451699-lockheed-martin-is-a-no-brainer#aoh=16301741705152&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
Let's Go Lockheed!

[BOS]

Went long here

[lilLu]

https://seekingalpha.com/article/4449200-lockheed-martin-defense-wins-still-trend-up
Let's Go Lockheed!

[lilLu]

It's not my company.
https://www.airforcemag.com/new-skunk-works-plant-to-build-advanced-fighters-other-projects/
Let's Go Lockheed!

[Lowjack]

Mandating vaccines will decimate your company!

[lilLu]

Divi increase!
https://seekingalpha.com/article/4448534-lockheed-martin-dividend-increase-coming
Let's Go Lockheed!

[lilLu]

https://www.lockheedmartin.com/en-us/news/features/history/skunk-works.html
Let's Go Lockheed!

[lilLu]

Very well could be! Unmanned defense and propulsion systems to hit $30B by 2028. Lockheeds space/aeronautics business set up nicely to secure future contracts.
Let's Go Lockheed!

[bubka]

This is the company’s statement about the one time $225M charge. Curiously, it was made by the soon to exit CFO.

QUOTE:
“Our segment operating profit was impacted this quarter by a one-time charge associated with a classified program in our Aeronautics business area. While the classified nature of this program precludes us from discussing this matter in depth, we can say that our customer is highly attracted to the capabilities that we’re developing on their behalf that we're committed to delivering these capabilities and that the long-term potential of this solution is significant for the company.”

Lockheed doesn’t spend $225M on a development program without plenty of confidence that they will recoup these losses many times over. Hard to say what this is but I’m thinking autonomous drones.

[lilLu]

Ohhh it could be due to health reasons? Not a good sign but definitely not a bad 1 rn. We gotta close on Aerojet! Need the market share moving forward. SPACE!
Let's Go Lockheed!

[lilLu]

https://seekingalpha.com/amp/article/4444626-lockheed-martin-now-is-the-time#aoh=16282562023963&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
Let's Go Lockheed!

[bubka]

Lockheed Martin begins search for new CFO after Possenriede's unexpectedly resigns due to “personal reasons”. Never a good sign.

https://finance.yahoo.com/news/lockheed-martin-begins-search-cfo-023640053.html

[bubka]

rah