April 24, 2018 / 11:44 AM / a month ago

BRIEF-Lockheed Martin Reports Q1 Earnings Per Share $4.02

April 24 (Reuters) - Lockheed Martin Corp:

* Q1 EARNINGS PER SHARE $4.02

* Q1 SALES $11.6 BILLION VERSUS I/B/E/S VIEW $11.24 BILLION

* Q1 EARNINGS PER SHARE VIEW $3.40 — THOMSON REUTERS I/B/E/S

* UPDATES 2018 OUTLOOK FOR SALES, BUSINESS SEGMENT OPERATING PROFIT AND EARNINGS PER SHARE

* ACHIEVED QUARTER-END BACKLOG OF APPROXIMATELY $105 BILLION

* SEES 2018 NET SALES $50,350 MILLION $51,850 MILLION

* FY2018 EARNINGS PER SHARE VIEW $15.59, REVENUE VIEW $51.05 BILLION — THOMSON REUTERS I/B/E/S

* INCREASE IN AERONAUTICS’ QTRLY NET SALES WAS PRIMARILY ATTRIBUTABLE TO HIGHER NET SALES OF ABOUT $185 MILLION FOR F-35 PROGRAM Source text for Eikon: Further company coverage:

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