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Lockheed Martin Corp. Q3 Profit Advances

Lockheed Martin Corp. (LMT) released earnings for its third quarter that increased from last year.

The company's bottom line came in at $1.61 billion, or $5.66 per share. This compares with $1.47 billion, or $5.14 per share, in last year's third quarter.

Analysts had expected the company to earn $5.02 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.9% to $15.17 billion from $14.32 billion last year.

Lockheed Martin Corp. earnings at a glance:

-Earnings (Q3): $1.61 Bln. vs. $1.47 Bln. last year.
-EPS (Q3): $5.66 vs. $5.14 last year.
-Analysts Estimate: $5.02
-Revenue (Q3): $15.17 Bln vs. $14.32 Bln last year.

Full year EPS guidance: $21.55
Full year revenue guidance: $59.10 Bln

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