secwatch.observer — SEC 8-K summary
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Issuer:     LOCKHEED MARTIN CORP (LMT)
CIK:        0000936468
Form:       8-K
Filed at:   2022-04-19T23:59:59+00:00
Accession:  0000936468-22-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lockheed Martin Q1 net sales $15.0B, EPS $6.44; reaffirms FY outlook
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- Net sales $15.0B, down from $16.3B YoY; net earnings $1.73B ($6.44 EPS) vs $1.84B ($6.56 EPS) YoY.
- Free cash flow $1.1B above expectations; cash from operations $1.4B.
- Returned $2.8B to shareholders via share repurchases and dividends in Q1.
- Reaffirms 2022 financial outlook; CEO cites solid start despite Covid surge impacts.
- Business segment operating profit $1.66B vs $1.75B prior year; margin expansion noted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936468/000093646822000044/0000936468-22-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936468/000093646822000044/lmt-20220419.htm
  HTML page:      https://secwatch.observer/filing/0000936468-22-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer