Update: Lockheed Martin Beats EPS Estimate, Raises FY 2014 Guidance
- Lockheed Martin reported revenues of $11.1 billion (-2.2% yoy) and EPS of $2.76 (+7.4% yoy).
- Lockheed Martin raised its FY 2014 guidance: EPS guidance is $11.15 (up from $10.85 - $11.15).
- I had forecasted earnings per share growth in my original article.
- I remain with my original conclusion: Lockheed Martin offers earnings per share growth and a compelling dividend.