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Nokia: Q3 Earnings Snapshot – WTOP News
Revenue of $7.2 billion and adjusted earnings of $3.53 per share both topped analyst forecasts, according to Zacks Investment Research.
On Thursday, Lockheed Martin Corp. reported third-quarter profit of $1.85 billion on revenue of $20.71 billion, surpassing Wall Street expectations.
Surging demand for missile defense systems, particularly PAC-3 and THAAD interceptors, drove results amid ongoing geopolitical conflicts fueling global military procurement.
Lockheed raised its 2026 free cash flow forecast to about $7.8 billion to $8 billion, supported by a record $292 billion backlog.
Separately, Lockheed and the Department of War finalized a 10-year framework agreement guaranteeing 850 US F-35 aircraft and at least $7 billion in industrial investment.
Lockheed warned that ongoing negotiations with the US government over production contracts for F-35 Lots 20 and higher could affect future operations if additional funding is not received.
Lockheed Martin's business continued in strong expansion in the third quarter. Exclusive subject matter for subscribers. To have full access, access the subject's link and register.
Nokia's gross profit between January and September amounted to EUR 6,298 million, an increase of 7.7% in homologous terms, although the operating result decreased 43% to EUR 229 million.