Lockheed Martin (LMT) Tops Q2 EPS by 13c, Raises FY Guidance

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Go back to Lockheed Martin (LMT) Tops Q2 EPS by 13c, Raises FY Guidance

Lockheed Martin Reports Second Quarter 2017 Results

July 18, 2017 7:30 AM EDT

BETHESDA, Md., July 18, 2017 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today reported second quarter 2017 net sales of $12.7 billion, compared to $11.6 billion in the second quarter of 2016. Net earnings from continuing operations in the second quarter of 2017 were $942 million, or $3.23 per share, compared to $899 million, or $2.93 per share, in the second quarter of 2016. Cash from operations in both the second quarter of 2017 and 2016 was $1.5 billion.

"Based on the corporation's strong results this quarter we increased our 2017 financial guidance for sales,... More