/Lockheed%20Martin%20Corp_%20TX%20facility-by%20JHVEPhpoto%20via%20iStock.jpg)
Lockheed Martin Corporation (LMT), headquartered in Bethesda, Maryland, is a global security and aerospace company that develops and integrates advanced technology systems. Valued at $114.2 billion by market cap, the company produces advanced military aircraft, missile defense systems, helicopters, satellites, and cyber and space-based technologies. The world's largest defense contractor is expected to announce its fiscal fourth-quarter earnings for 2024 before the market opens on Tuesday, Jan. 28.
Ahead of the event, analysts expect LMT to report a profit of $6.58 per share on a diluted basis, down 16.7% from $7.90 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.