Lockheed (LMT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Lockheed Martin (LMT) reported $18.99 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 7.1%. EPS of $7.79 for the same period compares to $7.24 a year ago.
The reported revenue represents a surprise of +4.06% over the Zacks Consensus Estimate of $18.25 billion. With the consensus EPS estimate being $7.41, the EPS surprise was +5.13%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Lockheed performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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