Lockheed Martin Corp

LMT: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$724.00FksgsRbbzzhxmc

Lockheed Martin Earnings: A Generally Flat Quarter Emphasizes Cash Flow; Fair Value Estimate $482

Lockheed Martin reported third-quarter results on Oct. 17 reflecting single-digit growth and fairly stable profits across most of its businesses. Management reaffirmed its 2023 expectations and increased its planned share repurchases by $2 billion. We have slightly increased our fair value estimate from $480 to $482 per share due to minor adjustments to our long-term forecasts.

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