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Lockheed Martin (LMT) Beats on Q3 Earnings, Ups '19 EPS View
Lockheed Martin Corp. LMT reported third-quarter 2019 earnings of $5.66 per share, which surpassed the Zacks Consensus Estimate of $5.03 by 12.5%. The bottom line also improved 10.1% from $5.14 registered in the year-ago quarter. This year-over-year upside can be attributed to solid sales and operating profit growth.
Operational Highlights
In the reported quarter, net sales amounted to $15.17 billion, which outshined the Zacks Consensus Estimate of $14.98 billion by 1.3%. The reported figure also increased 6% from $14.32 billion recorded a year ago. Notably, all segments registered year-over-year growth in sales during the third quarter, except Rotary and Mission Systems unit.
The company recorded operating profit of $1.67 billion compared with the year-ago quarter’s figure of $1.59 billion.
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https://finance.yahoo.com/news/lockheed-...02993.html
![[Bild: LMTc1dl1458.png]](https://finviz.com/publish/102219/LMTc1dl1458.png)
Lockheed Martin Corp. LMT reported third-quarter 2019 earnings of $5.66 per share, which surpassed the Zacks Consensus Estimate of $5.03 by 12.5%. The bottom line also improved 10.1% from $5.14 registered in the year-ago quarter. This year-over-year upside can be attributed to solid sales and operating profit growth.
Operational Highlights
In the reported quarter, net sales amounted to $15.17 billion, which outshined the Zacks Consensus Estimate of $14.98 billion by 1.3%. The reported figure also increased 6% from $14.32 billion recorded a year ago. Notably, all segments registered year-over-year growth in sales during the third quarter, except Rotary and Mission Systems unit.
The company recorded operating profit of $1.67 billion compared with the year-ago quarter’s figure of $1.59 billion.
...
https://finance.yahoo.com/news/lockheed-...02993.html
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