Lockheed Martin (LMT) Tops Q2 EPS by 13c, Revenues Beat; Boosts FY18 EPS/Revenue Outlook Above Consensus

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/8/2026

1. MRVL
2. ZS
3. PENG
4. STZ
5. MSFT
6. NVDA
7. SPY
8. SKYD
9. IBM
10. CRWV

Go back to Lockheed Martin (LMT) Tops Q2 EPS by 13c, Revenues Beat; Boosts FY18 EPS/Revenue Outlook Above Consensus

Lockheed Martin Reports Second Quarter 2018 Results

July 24, 2018 7:30 AM EDT

BETHESDA, Md., July 24, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today reported second quarter 2018 net sales of $13.4 billion, compared to $12.6 billion in the second quarter of 2017. Net earnings in the second quarter of 2018 was $1.2 billion, or $4.05 per share, compared to $955 million, or $3.28 per share, in the second quarter of 2017. Net earnings in the second quarter of 2018 include special charges for severance and restructuring activities of $96 million, which reduced net earnings by $76 million, or $0.26 per share. Cash used for operations in the second quarter of 2018 was $(72) million after pension contributions of $2.0 billion,... More