earnings
confidence high
sentiment neutral
materiality 0.50
Lockheed Martin Q1 2023: net sales $15.1B, EPS $6.61, reaffirms full-year outlook
LOCKHEED MARTIN CORP
2023-Q1 EPS reported
$6.61
revenue$15,126,000,000
- Net sales $15.1B, up from $15.0B YoY; net earnings $1.7B ($6.61 diluted EPS).
- Adjusted EPS (non-GAAP) $6.43, excluding $0.18 mark-to-market gains.
- Cash from operations $1.6B; free cash flow $1.3B.
- Returned $1.3B to shareholders ($784M dividends, $500M buybacks).
- Reaffirmed 2023 financial outlook; secured CPS hypersonic contract, 88 F-35s for Canada.