LMT Earnings Predictions — 2026-07-23

Ticker Report or Guide KPI Prediction Answer Confidence
LMT Report Q2 2026 revenue IN-LINE pred ~$19.65B vs. cons $19.52B MEDIUM
LMT Report Q2 2026 adjusted EPS BEAT pred ~$7.37 vs. cons $7.28 MEDIUM
LMT Report Q2 2026 Missiles and Fire Control operating profit BEAT pred ~$582M vs. cons $567M MEDIUM
LMT Guide Revenue guidance UNCHANGED guide ~$77.5B–$80.0B vs. cons $79.17B (FY2026) HIGH
LMT Guide Adjusted EPS guidance UNCHANGED guide ~$29.35–$30.25 vs. cons $29.90 (FY2026) HIGH
LMT Guide Free cash flow guidance BETTER guide ~$6.6B–$6.8B vs. cons $6.64B (FY2026) MEDIUM
LMT Return Day-1 residual (stock − beta × S&P 500) +3.1% MEDIUM
LMT Return 5-day cumulative residual +4.2% (FOLLOW-THROUGH) A clean quarter and FY2026 free-cash-flow range improving to ~$6.6B–$6.8B from the prior $6.5B–$6.8B should lift estimates modestly; unchanged EPS guidance limits the initial rerating, but the absence of implicit out-period cuts supports follow-through from +3.1% day 1 to +4.2% cumulatively by day 5. MEDIUM