Lockheed Martin: beats consensus in Q4
(CercleFinance.com) - Lockheed Martin has reported a net loss of 2.
50 dollars per share for Q4 2017, taking into account the effects of the US tax reform.
Adjusted EPS increased by one-third to 4.25 dollars, against the consensus of around 4 dollars.
The US defence group's revenue increased by 10% over 15.1 billion dollars, with growth across all major divisions, apart from aerospace, while its order book reached 100 billion dollars at end-2017.
With FY adjusted EPS of 13.33 dollars and revenues of 50 billion dollars, Lockheed Martin has respective target ranges of 15.20-15.50 dollars and 50-51.5 billion dollars FY 2018.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
50 dollars per share for Q4 2017, taking into account the effects of the US tax reform.
Adjusted EPS increased by one-third to 4.25 dollars, against the consensus of around 4 dollars.
The US defence group's revenue increased by 10% over 15.1 billion dollars, with growth across all major divisions, apart from aerospace, while its order book reached 100 billion dollars at end-2017.
With FY adjusted EPS of 13.33 dollars and revenues of 50 billion dollars, Lockheed Martin has respective target ranges of 15.20-15.50 dollars and 50-51.5 billion dollars FY 2018.
Copyright (c) 2018 CercleFinance.com. All rights reserved.