Lockheed Martin (LMT) Misses Q1 EPS by 1c; FY16 EPS Outlook Lifted

Lockheed Martin (NYSE: LMT) reported Q1 EPS of $2.58, $0.01 worse than the analyst estimate of $2.59. Revenue for the quarter came in at $11.7 billion versus the consensus estimate of $11.34 billion.

GUIDANCE:

Lockheed Martin sees FY2016 EPS of $11.50-$11.80, versus prior guidance of $11.45-$11.75 and the consensus of $11.80.

For earnings history and earnings-related data on Lockheed Martin (LMT) click here.

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