Lockheed Martin (LMT) Tops Q2 EPS Views; Boosts FY16 Outlook
Lockheed Martin (NYSE: LMT) reported Q2 EPS of $3.32, $0.39 better than the analyst estimate of $2.93. Revenue for the quarter came in at $12.9 billion versus the consensus estimate of $12.56 billion.
GUIDANCE:
Lockheed Martin sees FY2016 EPS of $12.15-$12.45, versus prior guidance of $11.50-$11.80 and the consensus of $11.84. Lockheed Martin sees FY2016 revenue of $50.0-51.5 billion, versus prior guidance of $49.6-51.1 billion and the consensus of $50.46 billion.
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