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Lockheed Martin, Blackstone Earnings Due Thursday; $7.52 EPS Expected
What do analysts expect from Lockheed Martin earnings on Thursday?
Lockheed Martin (LMT) reports third-quarter earnings Thursday before the market opens, with analysts expecting $7.52 per share on $20.48B in sales, alongside Blackstone, Comcast, Honeywell and Procter & Gamble.
Key numbers
| Lockheed expected EPS | $7.52vs $7.94 in Q2 |
|---|---|
| Lockheed expected sales | $20.48B+9.9% YoY |
| Lockheed record backlog | $230Bas of Q2 2026 |
| Blackstone expected EPS | $1.29$1.31 in another forecast |
| Comcast expected EPS | $0.98on $29.22B sales |
| P&G expected organic sales growth | 2.0%UBS sees 2.6% |
What happened
Lockheed Martin (LMT) reports third-quarter earnings Thursday before the market opens, with analysts expecting $7.52 per share on $20.48B in sales, alongside Blackstone, Comcast, Honeywell and Procter & Gamble. Blackstone (BX) is expected to earn $1.29 a share on $3.35B in revenue, Comcast $0.98 on $29.22B, Honeywell $2.17 on $5.01B and Procter & Gamble $1.88 on $22.79B. Earnings per share (EPS) is the profit a company makes for each share of its stock. Lockheed's last quarter brought $20.1B in sales, up 11%, and a record $230B backlog of unfilled orders.
Why it matters
Lockheed Martin's report shows whether its record pile of defense orders is turning into actual sales and profit. Procter & Gamble's numbers show how a household-goods maker is handling higher costs, since analysts expect rising material and energy bills to squeeze its profit. Blackstone gives a look at private-market investing. When results land above or below forecasts, share prices can move quickly.
Who this affects
- MarketneutralMedium impact
- Five big companies' results may sway U.S. stocks Thursday.
- CompanymixedMedium impact
- Lockheed holders watch whether sales growth near 10% arrives.
- CompetitorsneutralLow impact
- RTX beat sales forecasts; Lockheed now faces a similar test.
- IndustrybullishMedium impact
- Defense makers show strong demand, with record backlogs reported.
Lockheed Martin vs RTX, Northrop Grumman
How we got here
Lockheed reported Q2 sales of $20.1B, up 11%, and set 2026 EPS outlook at $29.95–$30.65.
Defense peers RTX and Northrop Grumman reported quarterly results ahead of Lockheed.
Lockheed, Blackstone, Comcast, Honeywell and P&G report before the market opens.
What to watch
- Lockheed's full-year 2026 outlook versus its current range of $29.95–$30.65 EPS and about $80B sales.2026-10-22
- Blackstone's actual EPS against forecasts of $1.29–$1.31; it beat estimates four quarters running.2026-10-22
- P&G's costs and its fiscal 2027 outlook of $6.89–$7.11 core EPS.2026-10-22
Educational content only. Not investment advice.
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