Lockheed Martin (LMT) reported Q4 earnings Tuesday of $2.22 per diluted share, down from $7.58 a year earlier.
Analysts polled by FactSet expected $6.61.
Net sales for the quarter ended Dec. 31 were $18.62 billion, down from $18.87 billion a year earlier.
Analysts surveyed by FactSet expected $18.87 billion.
For 2025, the defense contractor expects diluted EPS of $27.00 to $27.30 on net sales of $73.75 billion to $74.75 billion. Analysts polled by FactSet expect EPS of $27.75 on sales of $74.11 billion.
Shares of the company fell more than 3% in Tuesday's premarket activity.
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