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Lockheed Martin Corp. Reports Increase In Q4 Profit

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

The company's earnings totaled $1.79 billion, or $6.38 per share. This compares with $1.50 billion, or $5.29 per share, in last year's fourth quarter.

Analysts had expected the company to earn $6.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.2% to $17.03 billion from $15.88 billion last year.

Lockheed Martin Corp. earnings at a glance:

-Earnings (Q4): $1.79 Bln. vs. $1.50 Bln. last year.
-EPS (Q4): $6.38 vs. $5.29 last year.
-Analysts Estimate: $6.41
-Revenue (Q4): $17.03 Bln vs. $15.88 Bln last year.

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