Lockheed Martin Reports Weak Fiscal Q2

Lockheed Martin (NYSE:LMT), the aerospace and defense leader behind programs like the F-35 fighter jet, released its earnings for the second quarter of fiscal 2025 on July 22, 2025. The most notable news was a major miss on profit, as earnings per share came in much lower than expected due to $1.6 billion in program losses and other charges. Reported earnings per share were $1.46, behind analyst estimates of $6.52. Revenue came in at $18.2 billion, which was slightly below the $18.6 billion analysts expected, but nearly flat compared to the same quarter last year. Overall, this was a challenging quarter, with profit and cash flow down significantly, though management maintained its full-year outlook and highlighted steady demand for its main defense platforms. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. The company is a cornerstone of the global defense industry, known for advanced technology in aerospace, military hardware, and cybersecurity. Most of its revenue comes from contracts with the United States government, though it also sells extensively to allied nations and international partners. Its product portfolio includes fighter jets, missile systems, helicopters, and satellites.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool