Categories Earnings, Other Industries

Lockheed Martin (LMT): Q3 2019 Earnings Snapshot

— Lockheed Martin Corporation (NYSE: LMT) reported third-quarter 2019 earnings of $5.66 per share, vs. $5.02 expected.

— Total revenue rose 6.2% to $15.2 billion, vs. $14.87 billion expected. Aeronautics and Missiles and Fire Control units delivered strong revenue growth.

— Q3 backlog of $137.4 billion.

— For FY19, expects net sales of approx. $59.1 billion and EPS of $21.55 per share. Earlier the company had expected EPS in the range of $20.85 – $21.15

— LMT shares were down 1.6% during pre-market trading hours.

Lockheed Martin Q3 2019 earnings infographic

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