Lockheed Martin (LMT) Tops Q2 EPS by 7c, Raises FY Guidance

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Go back to Lockheed Martin (LMT) Tops Q2 EPS by 7c, Raises FY Guidance

Lockheed Martin Reports Second Quarter 2020 Results

July 21, 2020 7:30 AM EDT

BETHESDA, Md., July 21, 2020 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today reported second quarter 2020 net sales of $16.2 billion, compared to $14.4 billion in the second quarter of 2019. Net earnings in the second quarter of 2020 were $1.6 billion, or $5.79 per share, compared to $1.4 billion, or $5.00 per share, in the second quarter of 2019. Cash from operations in the second quarter of 2020 was $2.2 billion, compared to cash from operations of $1.7 billion in the second quarter of 2019.

"I'm pleased to see continued strong operational and financial results this quarter as we remain focused on performing with... More