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Lockheed Martin Boosts FY21 Outlook - Quick Facts

While reporting financial results for the first quarter on Tuesday, Lockheed Martin Corp. (LMT) raised its earnings and net sales outlook for the full-year 2021.

For fiscal 2021, the company now projects earnings in a range of $26.40 to $26.70 per share on net sales between $67.30 billion and $68.70 billion.

Previously, the company expected earnings in the range of $26.00 to $26.30 per share on net sales between $67.10 billion and $68.50 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $26.31 per share on net sales of $68.17 billion for the year. Analysts' estimates typically exclude special items.

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