Lockheed Martin (LMT) Surpasses Q1 Earnings and Revenue Estimates

Lockheed Martin (LMT) came out with quarterly earnings of $6.33 per share, beating the Zacks Consensus Estimate of $5.80 per share. This compares to earnings of $6.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.14%. A quarter ago, it was expected that this aerospace and defense company would post earnings of $7.26 per share when it actually produced earnings of $7.90, delivering a surprise of 8.82%.Over the last four qua ...