Update: Lockheed Martin Shares Rise After Q3 Beat

10:11 AM EDT, 10/22/2026 (MT Newswires) -- (Updates with the stock move in the headline and first paragraph.) Lockheed Martin (LMT) shares rose 6.7% in Thursday trading after the defense contractor reported better-than-expected Q3 results. In the quarter ended Sept. 27, earnings rose to $7.97 per diluted share from $6.95 a year earlier. Analysts polled by FactSet expected $7.52. Sales climbed to $20.71 billion from $18.61 billion a year earlier. Analysts projected $20.48 billion. The company boosted its 2026 guidance to EPS of $30.35 to $30.75 on sales of $80 billion to $82 billion, compared with the previous outlook for EPS of $29.95 to $30.65 on sales of $79.75 billion to $81.75 billion. Analysts expect EPS of $30.43 on sales of $80.97 billion. Price: 588.29, Change: +36.78, Percent Change: +6.67