UPDATE: Lockheed Martin Posts Rise In Q1 Profit, Raises 2014 Forecast

Lockheed Martin LMT reported a gain in its first-quarter profit and lifted its 2014 earnings forecast. Lockheed Martin's quarterly profit surged to $933 million, versus a year-ago profit of $761 million. Its per-share earnings rose to $2.87 versus $2.33. Its sales fell to $10.65 billion. Lockheed Martin now expects 2014 earnings outlook to $10.50 to $10.80 per share. Lockheed Martin shares closed at $161.49 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsGuidanceAerospace & DefenseIndustrialsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!