Lockheed Martin (LMT) Misses Q3 EPS by 4c, Revenue Beats, Updates FY Guidance
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Lockheed Martin Reports Third Quarter 2020 Results
October 20, 2020 7:30 AM EDTBETHESDA, Md., Oct. 20, 2020 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported third quarter 2020 net sales of $16.5 billion, compared to $15.2 billion in the third quarter of 2019. Net earnings from continuing operations in the third quarter of 2020 were $1.8 billion, or $6.25Â per share, compared to $1.6Â billion, or $5.66Â per share, in the third quarter of 2019. Cash from operations in the third quarter of 2020 was $1.9 billion, compared to cash from operations of $2.5 billion in the third quarter of 2019.
"In the third quarter, our dedicated workforce and resilient supply chain continued to support our customers' vital national security missions, overcoming... More
