LMT Jun 2024 550.000 call
| Previous close | 0.7000 |
| Open | 1.0000 |
| Bid | 0.3000 |
| Ask | 0.9000 |
| Strike | 550.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.7000 - 1.0000 |
| Contract range | N/A |
| Volume | |
| Open interest | 126 |
GuruFocus.comLockheed Martin Corp (LMT) Surpasses Analyst Expectations with Strong Q1 2024 Earnings
Robust Sales Growth and Strategic Capital Deployment Highlight the Quarter
ReutersLockheed Martin beats Q1 profit estimates on strong demand
U.S. weapons maker Lockheed Martin beat Wall Street expectations for first-quarter sales and profit on Tuesday, as simmering geopolitical tensions prompted some countries to boost their defense spending, driving demand for new weapons. Sales in Lockheed's missiles and fire control unit jumped 25.3% to nearly $3 billion, boosted by strong demand for high mobility artillery rocket system (HIMARS) and guided multiple launch rocket system (GMLRS), key weapons used by Ukraine in its conflict with Russia. "These first-quarter results reinforce our confidence in our ability to achieve the full-year financial expectations we set in January," CEO Jim Taiclet said in a statement.
ReutersLockheed Martin reports higher sales on strong defense demand
US weapons maker Lockheed Martin on Tuesday reported a near 14% rise in Q1 sales, as simmering geopolitical tensions fuel demand for new weapons.
