Lockheed Martin (LMT) Tops Q1 EPS Views; Boosts FY15 EPS Outlook

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Lockheed Martin Reports First Quarter 2015 Results

April 21, 2015 7:25 AM EDT

BETHESDA, Md., April 21, 2015 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today reported first quarter 2015 net sales of $10.1 billion, compared to $10.7 billion in the first quarter of 2014. Net earnings in the first quarter of 2015 were $878 million, or $2.74 per share, compared to $933 million, or $2.87 per share, in the first quarter of 2014. Cash from operations in the first quarter of 2015 was $957 million, compared to cash from operations of $2.1 billion in the first quarter of 2014.

"Our team continues to deliver solid performance... More