LMT - Lockheed Martin Expects 'Topline Growth' After Q4 Earnings Marginally Surpass Estimates | Benzinga
Lockheed Martin Corp (NYSE:LMT) enjoyed slightly improved earnings in the fourth quarter, with 2023 sales hovering around $18.87 billion, compared to $18.99 billion a year ago. The company beat the consensus of $17.97 billion, according to data from Benzinga Pro.
EPS in the fourth quarter was $7.58, up from $7.40 per share last year, versus the consensus of $ $7.28, while net earnings fell slightly to $1.87 billion from $1.91 billion.
Cash from operations was $2.4 billion in the fourth quarter compared to $1.9 billion a year ago, while free cash flow was $1.7 billion, up from ...