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Lockheed: Q2 Earnings Snapshot
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BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Lockheed Martin Corp. (LMT) on Thursday reported second-quarter profit of $1.84 billion.

The Bethesda, Maryland-based company said it had profit of $7.94 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $7.22 per share.

The aerospace and defense company posted revenue of $20.06 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $19.43 billion.

Lockheed expects full-year earnings to be $29.95 to $30.65 per share, with revenue in the range of $79.75 billion to $81.75 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LMT at https://www.zacks.com/ap/LMT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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