Lockheed Martin Corporation (LMT) Q1 2023 Earnings Call Transcript

Apr. 18, 2023 2:55 PM ETLockheed Martin Corporation (LMT) StockLMT
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Q1: 2023-04-18 Earnings Summary

EPS of $6.43 beats by $0.37
 | Revenue of $15.13B (1.08% Y/Y) beats by $115.91M

Lockheed Martin Corporation (NYSE:LMT) Q1 2023 Earnings Conference Call April 18, 2023 11:00 AM ET

Company Participants

Maria Ricciardone Lee - Vice President of Investor Relations
Jim Taiclet - Chairman, President and Chief Executive Officer
Jay Malave - Chief Financial Officer

Conference Call Participants

Seth Seifman - JPMorgan
Kristine Liwag - Morgan Stanley
Rob Stallard - Vertical Research
Cai von Rumohr - TD Cowen
Ron Epstein - Bank of America Securities
Pete Skibitski - Alembic Global Advisors
Rich Safran - Seaport Global Securities
Myles Walton - Wolfe Research
Matt Akers - Wells Fargo Securities
Jason Gursky - Citigroup
Scott Deuschle - Credit Suisse
George Shapiro - Shapiro Research
Ken Herbert - RBC Capital Markets

Operator

Good day and welcome everyone to the Lockheed Martin First Quarter 2023 Earnings Results Conference Call. Today's call is being recorded.

At this time, for opening remarks and introductions, I would like to turn the call over to Maria Ricciardone Lee, Vice President of Investor Relations. Please go ahead.

Maria Ricciardone Lee

Thank you, Lois, and good morning. I'd like to welcome everyone to Lockheed Martin’s first quarter 2023 earnings conference call. Joining me today on the call are Jim Taiclet, our Chairman, President and Chief Executive Officer; and Jay Malave, our Chief Financial Officer.

Statements made in today's call that are not historical fact are considered forward-looking statements and are made pursuant to the safe harbor provisions of federal securities laws. Actual results may differ materially from those projected in the forward-looking statements. Please see today's press release and our SEC filings for a description of some of the factors that may cause actual results to differ materially from those in the forward-looking statements.

We have posted charts on our website today that we plan to address during the call to supplement our comments. These

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