Lockheed Martin Corp. Bottom Line Rises In Q1
BETHESDA (dpa-AFX) - Lockheed Martin Corp. (LMT) revealed a profit for its first quarter that rose from the same period last year.
The company's profit totaled $1.84 billion, or $6.56 per share. This compares with $1.72 billion, or $6.08 per share, in last year's first quarter.
Analysts had expected the company to earn $6.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.9% to $16.26 billion from $15.65 billion last year.
Lockheed Martin Corp. earnings at a glance:
-Earnings (Q1): $1.84 Bln. vs. $1.72 Bln. last year.
-EPS (Q1): $6.56 vs. $6.08 last year.