Lockheed Martin Reports First Quarter 2016 Results

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Go back to Lockheed Martin Reports First Quarter 2016 Results

Lockheed Martin (LMT) Says F-35 Deliveries Fell Short in Q1; Plans to Bounce Back in Q1

April 26, 2016 11:38 AM EDT

Lockheed Martin (NYSE: LMT) says it delivered fewer-than-expected F-35 fighters in Q1, but expects to be back on track in Q2, according to the company's conference call on Tuesda. The company said software upgrades stalled some of the deliveries.

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

April 26, 2016 7:26 AM EDT

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... More