Lockheed Martin (LMT) Tops Q4 EPS by 23c

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Go back to Lockheed Martin (LMT) Tops Q4 EPS by 23c

Lockheed Martin Reports Fourth Quarter and Full Year 2017 Results

January 29, 2018 7:30 AM EST

BETHESDA, Md., Jan. 29, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today reported fourth quarter 2017 net sales of $15.1 billion, compared to $13.8 billion in the fourth quarter of 2016. Net loss from continuing operations in the fourth quarter of 2017 was $715 million, or $2.50 per share, compared to net earnings from continuing operations of $959 million, or $3.25 per share, in the fourth quarter of 2016. The net loss from continuing operations in the fourth quarter of 2017 included a net one-time charge of $1.9 billion ($6.80 per share), substantially all of which was non-cash, primarily related to the estimated impacts... More