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

Lockheed Martin (NYSE: LMT) reported Q2 EPS of $5.79, $0.07 better than the analyst estimate of $5.72. Revenue for the quarter came in at $16.2 billion versus the consensus estimate of $15.23 billion.

• Achieved record backlog of $150.3 billion

GUIDANCE:

Lockheed Martin sees FY2020 EPS of $23.75-$24.05, versus the consensus of $24.17. Lockheed Martin sees FY2020 revenue of $63.5-65 billion, versus the consensus of $63.45 billion.

For earnings history and earnings-related data on Lockheed Martin (LMT) click here.

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