Lockheed Martin (LMT) Tops Q4 EPS by 27c, Offers FY Guidance

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Go back to Lockheed Martin (LMT) Tops Q4 EPS by 27c, Offers FY Guidance

Lockheed Martin Reports Fourth Quarter and Full Year 2019 Results

January 28, 2020 7:30 AM EST

BETHESDA, Md., Jan. 28, 2020 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2019 net sales of $15.9 billion, compared to $14.4 billion in the fourth quarter of 2018. Net earnings in the fourth quarter of 2019 was $1.5 billion, or $5.29 per share, compared to $1.3 billion, or $4.39 per share, in the fourth quarter of 2018. Cash from operations in the fourth quarter of 2019 was $1.5 billion, after discretionary pension contributions of $1.0 billion, compared to cash from operations of $2.2 billion in the fourth quarter of 2018.

Net sales in 2019 was $59.8 billion, compared to $53.8 billion in 2018. Net earnings in 2019 was $6.2 billion, or $21.95... More