Stock AnalizLockheed Martin (LMT) earnings for the quarter ended September 2026: EPS beats estimates
Lockheed Martin reported results for the quarter ended September 2026 on October 22, 2026. Adjusted earnings per share came in at $7.97 against the analysts’ average forecast of $7.52, a beat of 6.0%.
Revenue for the quarter was $20.71 billion, up 11.3% from $18.61 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 7.0% on the first trading day after the report.
The last four quarters
Lockheed Martin has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $7.97 | $7.52 | +6.0% | +11% | +7.0% |
| Jun 2026 | $7.94 | $7.19 | +10.4% | +11% | +13.3% |
| Mar 2026 | $6.44 | $6.69 | −3.8% | +0% | −7.6% |
| Dec 2025 | $5.80 | $5.75 | +0.9% | +9% | +6.2% |
What comes next
Analysts expect EPS of $8.21 for the next quarter on average and $30.62 for the fiscal year ending December 31, 2026.
The average analyst price target is $660.86, 11% above the current price of $596.04.
Valuation and score
Lockheed Martin scores 3.0 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 21.2, and its intrinsic value under moderate assumptions is about 36% above the current market value. Full Lockheed Martin analysis with 10 years of financials
Frequently asked questions
What was Lockheed Martin’s EPS for the quarter ended September 2026?
$7.97 adjusted per share, against an analyst consensus of $7.52.
How much revenue did Lockheed Martin report?
$20.71 billion, up 11.3% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.