Sees FY24 share repurchases of roughly $3.7B vs. prior view of about $4B. Lockheed Martin (LMT) said it is “well positioned” for growth in 2025 and beyond. Comments taken from Q3 earnings conference call presentation slides.
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Read More on LMT:
- Lockheed Martin reports Q3 cash from operations of $2.4B; free cash flow $2.1B
- Lockheed Martin raises FY24 EPS view to~ $26.65 from $26.10-$26.60
- Lockheed Martin sees FY24 free cash flow ~$6.2B vs. prior view $6B-$6.3B
- Lockheed Martin sees FY24 cash from operations ~$7.95B vs. prior $7.75B-$8.05B
- Lockheed Martin reports Q3 EPS $6.80, consensus $6.50