Infographic: Lockheed Martin (LMT) Q1 2022 earnings, revenue decline – AlphaStreet

News . Data . Research
Categories AlphaGraphs, Earnings, Industrials
Aerospace company Lockheed Martin Corporation (NYSE: LMT) Tuesday said its net sales decreased 8% in the first quarter of 2022, resulting in a marked decline in profit. The top line also fell short of the market’s prediction, while earnings beat the estimates.
Lockheed Martin Q1 2022 earnings infographic
Reflecting the impact of pandemic-related business disruption and macroeconomic headwinds, Lockheed Martin’s net sales dropped 8% from last year to $14.96 billion in the March quarter. The number also came in below the consensus estimate. Consequently, net income dropped to $1.73 billion or $6.44 per share from $1.84 billion or $6.56 per share in the first quarter of 2021. The bottom line, however, topped expectations.
Check this space to read management/analysts’ comments on Lockheed Martin’s Q1 2022 results
Lockheed Martin’s shares declined early Tuesday following the earnings announcement, after closing the previous session lower.
Will the Airline Industry Evolve or Die After the Black Swan-ish Disruption?
Is the airline industry staring at an evolutionary cycle after the Coronavirus-induced Pandemic that has no parallels in the past? What was the thought process of top airline executives as Covid-19 unfolded? Were they prepared? What lies ahead? We try to find out from the treasure trove of Earnings Transcripts & Press Releases.
Check out our analysis
Philip Morris International Inc. (NYSE: PM) reported first quarter 2022 earnings results today. Net revenues increased 2.1% year-over-year to $7.7 billion. Net earnings attributable to PMI decreased 3.6% YoY to $2.3 billion,
American Airlines Group (NASDAQ: AAL) reported first quarter 2022 earnings results today. Total revenues were $8.9 billion compared to $4 billion in the same quarter a year ago. Net loss amounted
AT&T (NYSE: T) reported First-quarter 2022 financial results before the regular market hours on Thursday. The telecommunications giant reported Q1 revenue of $38.1 billion, down by 13.3% reflecting the impact
© 2020 AlphaStreet Inc. All Rights Reserved
[email protected]
44053 Fremont Blvd,
Fremont, CA 94538

source