Lockheed Martin Reports First Quarter 2019 Results

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Lockheed Martin (LMT) PT Raised to $380 at Vertical Research Partners

April 23, 2019 3:40 PM EDT

Vertical Research Partners analyst Robert Stallard raised the price target on Lockheed Martin (NYSE: LMT) to $380.00 (from $347.00) while maintaining a Buy rating following Q1 results.

increased 2019 EPS estimate from $19.60 to $20.64, while 2020 goes from $24.90 to $25.85.now expecting FCF of $6bn this year and next.... More

Lockheed Martin (LMT) Tops Q1 EPS by $1.65, Updates Guidance

April 23, 2019 7:33 AM EDT

Lockheed Martin (NYSE: LMT) reported Q1 EPS of $5.99, $1.65 better than the analyst estimate of $4.34. Revenue for the quarter came in at $14.3 billion versus the consensus estimate of $12.52 billion.

GUIDANCE:

Lockheed Martin sees FY2019 EPS of $20.05-$20.35, versus the consensus of $19.58.... More