Lockheed Martin (LMT) Tops Q3 EPS by 10c, Reaffirms Guidance

Lockheed Martin (NYSE: LMT) reported Q3 EPS of $6.77, $0.10 better than the analyst estimate of $6.67. Revenue for the quarter came in at $16.9 billion versus the consensus estimate of $16.72 billion.

• Increased share repurchase authority by $6.0 billion to a total authorization of $13.0 billion

GUIDANCE:

Lockheed Martin sees FY2023 EPS of $27.00-$27.20, versus the consensus of $27.15. Lockheed Martin sees FY2023 revenue of $66.25-66.75 billion, versus the consensus of $66.66 billion.

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

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