Lockheed Martin Shares Tumble Nearly 3% Ahead of Q1 Earnings Call
Lockheed Martin (NYSE: LMT) shares drop 2.91% to $445 ahead of its Q1 earnings call scheduled for later today.
Key Highlights:
Lockheed Martin Drops 2.91% to $445 Ahead of Q1 Earnings
Lockheed Martin Corp (NYSE: LMT) shares are under pressure on April 22, 2025, with a steep 2.91% decline in early U.S. trading. The stock is trading at $445.00, down $13.33 from the previous close of $458.33, as investors brace for the company’s Q1 earnings call scheduled at 11:00 AM ET today.
Lockheed Martin Stock Snapshot
| Metric | Value |
|---|---|
| Previous Close | $458.33 |
| Open | $458.05 |
| Current Price | $445.00 |
| Day’s High | $461.56 |
| Day’s Low | $445.00 |
| Market Cap | $105.0 Billion |
| P/E Ratio | 19.95 |
| Dividend Yield | 2.97% |
| 52-Week High | $618.95 |
| 52-Week Low | $418.88 |
Why Is Lockheed Martin Falling Today?
- Earnings Anticipation: Investors appear to be nervous about upcoming Q1 results. The company has not provided forward guidance since its FY24 annual report, raising speculation over potential contract delays or spending slowdowns.
- Geopolitical Factors: A temporary cooling in global defense tensions is prompting a pullback in defense stocks, including Lockheed.
- Technical Weakness: After failing to hold above $460, the stock breached key support zones triggering further selloffs.
What Analysts Are Saying
“This kind of pre-earnings pullback is not unusual for Lockheed, especially when markets are jittery about future government contract renewals,” says Michael Thompson, defense analyst at R.J. White Partners.
“But any surprise on EPS or new defense project announcements could reverse this dip swiftly,” he added.
Lockheed Martin’s Q1 Call: What to Expect
Investors are keenly watching for:
- New contract wins from the Pentagon and NATO
- Guidance on 2025 full-year revenue and profit
- R&D spending and cost control amid rising inflation
- Status of F-35 fighter jet production and delivery updates
Technical Levels to Watch
- Immediate Support: $443
- Short-Term Resistance: $452
- RSI: Trending toward oversold (~33), indicating potential for bounce post-earnings
What This Means for You
- Traders: Stay cautious until post-earnings clarity. Potential swing opportunities if the call surprises positively.
- Investors: Long-term outlook remains solid given defense contract backlog and dividend yield.
- Dividend Seekers: With a 2.97% yield, Lockheed continues to be a solid dividend play.
How to Take Action
- Watch the 11:00 AM ET earnings call for top-line and bottom-line surprises.
- Track peer stocks like Raytheon (RTX) and Northrop Grumman (NOC) for sector-wide signals.
- Keep an eye on government spending bills and geopolitical escalations for long-term impact.
Lockheed Martin’s Pullback: Short-Term Nerves or Structural Shift?
With early-session weakness driven by earnings anticipation and macro sentiment, Lockheed Martin’s current dip to $445 could be either a buying opportunity or a prelude to more volatility. The stock remains a cornerstone in the defense sector and today’s earnings call could redefine its 2025 outlook.
Stay updated with the latest from Hindustan Herald — your trusted source for
Politics, Business, Sports, Entertainment, Lifestyle, Breaking News, and More.
📲 Follow us on Facebook, Instagram, Twitter, LinkedIn, and YouTube
🔔 Join our Telegram channel @hindustanherald for real-time news alerts.
