Lockheed Martin (LMT) Misses Q4 EPS by 1c, FY EPS Guidance Misses
Lockheed Martin (NYSE: LMT) reported Q4 EPS of $4.39, $0.01 worse than the analyst estimate of $4.40. Revenue for the quarter came in at $14.41 billion versus the consensus estimate of $13.72 billion.
GUIDANCE:
Lockheed Martin sees FY2019 EPS of $19.15-$19.45, versus the consensus of $19.55. Lockheed Martin sees FY2019 revenue of $55.75-57.25 billion vs consensus of $56.23 billion.
"The corporation completed another year of outstanding operational accomplishments and strong financial performance," said Lockheed Martin Chairman, President and CEO Marillyn Hewson. "As we look ahead to 2019, we remain focused on performing with excellence for customers, and our record backlog and differentiating portfolio have us well-positioned for continued growth and long-term value creation for shareholders."
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