Lockheed Martin (LMT) Misses Q4 EPS by 1c, FY EPS Guidance Misses

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Go back to Lockheed Martin (LMT) Misses Q4 EPS by 1c, FY EPS Guidance Misses

Lockheed Martin Reports Fourth Quarter and Full Year 2018 Results

January 29, 2019 7:30 AM EST

BETHESDA, Md., Jan. 29, 2019 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2018 net sales of $14.4 billion, compared to $13.8 billion in the fourth quarter of 2017. Net earnings from continuing operations in the fourth quarter of 2018 was $1.3 billion, or $4.39 per share, compared to a net loss from continuing operations of $817 million, or $2.85 per share, in the fourth quarter of 2017. The net loss from continuing operations in the fourth quarter of 2017 included a net one-time charge of $2.0 billion ($6.88 per share), substantially all of which was non-cash, primarily related to the... More