Lockheed Q3 Earnings Beat Estimates, Sales Increase Year Over Year

What happened: Lockheed Martin reported third-quarter 2026 adjusted earnings of $7.97 per share and net sales of $20.71 billion, both beating the Zacks Consensus Estimate. Key numbers: EPS $7.97 vs estimate $7.49, up 14.7% year over year. Sales $20.71 billion vs estimate $20.44 billion, up 11.3%. Backlog $291.98 billion as of Sept. 27, 2026. Why it matters: The company raised its full-year sales and EPS guidance, with consensus estimates for both lying below the midpoint of the new ranges. LMT carries a Zacks Rank #3 (Hold). Market: -1.1% today ($189.62), -16.8% YTD, 0.4x vol — as of 16:47 UTC

Lockheed Martin reported third-quarter 2026 adjusted earnings of $7.97 per share and net sales of $20.71 billion, both beating the Zacks Consensus Estimate.

The company raised its full-year sales and EPS guidance, with consensus estimates for both lying below the midpoint of the new ranges. LMT carries a Zacks Rank #3 (Hold). Market: -1.1% today ($189.62), -16.8% YTD, 0.4x vol — as of 16:47 UTC