Lockheed Martin (LMT) Misses Q4 EPS by 3c; Issue Light FY15 EPS Outlook

Lockheed Martin (NYSE: LMT) reported Q4 EPS of $2.82, $0.03 worse than the analyst estimate of $2.85. Revenue for the quarter came in at $12.5 billion versus the consensus estimate of $11.89 billion.

"We delivered outstanding performance in the fourth quarter, which enabled us to end 2014 with sales growth and a backlog of nearly $81 billion, while also returning more than $3.7 billion to our shareholders," said Marillyn Hewson, Chairman, President and CEO. "Our performance was the result of solid program execution by our team, strong international business growth and a continued focus on the affordability of our products and operations."

Lockheed sees FY15 revs of $43.5 – $45.0 billion and EPS of $10.80 – $11.10, while consensus estimates are calling for FY15 revs of $44.3 billion and EPS of $11.49.

For earnings history and earnings-related data on Lockheed Martin (LMT) click here.

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