Lockheed Martin (LMT) Misses Q2 EPS by 2c, Misses on Revenue, Trims FY22 Revenue Outlook

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Go back to Lockheed Martin (LMT) Misses Q2 EPS by 2c, Misses on Revenue, Trims FY22 Revenue Outlook

Lockheed Martin Reports Second Quarter 2022 Financial Results

July 19, 2022 7:29 AM EDT

Net sales of $15.4 billionNet earnings of $309 million, or $1.16 per share, inclusive of non-operational charges of $1.7 billion ($1.4 billion, or $5.16 per share, after-tax)Cash from operations of $1.3 billion and free cash flow of $1.0 billionReturned $1.1 billion of cash to shareholders through share repurchases and dividends Updates 2022 outlook for sales and earnings per share; maintains 2022 outlook for segment operating profit, cash from operations, and free cash flow

BETHESDA, Md., July 19, 2022 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT]... More