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Lockheed Martin Corp. Q4 Profit Climbs

Lockheed Martin Corp. (LMT) reported earnings for its fourth quarter that rose from the same period last year.

The company's bottom line totaled $1.50 billion, or $5.29 per share. This compares with $1.25 billion, or $4.39 per share, in last year's fourth 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 10.2% to $15.88 billion from $14.41 billion last year.

Lockheed Martin Corp. earnings at a glance:

-Earnings (Q4): $1.50 Bln. vs. $1.25 Bln. last year.
-EPS (Q4): $5.29 vs. $4.39 last year.
-Analysts Estimate: $5.02
-Revenue (Q4): $15.88 Bln vs. $14.41 Bln last year.

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