- Lockheed Martin press release ( NYSE: LMT ): Q2 Non-GAAP EPS of $6.32 misses by $0.07 .
- Revenue of $15.45B (-9.3% Y/Y) misses by $570M .
- Revenue break-up: Missiles and Fire Control net sales $2.75B, -6.7% y/y, estimate $2.73B; Aeronautics net sales $5.86B, -12% y/y, estimate $6.54B; Rotary and Mission Systems net sales $4.01B, -5.4% y/y, estimate $4B; Space net sales $2.83B, -11% y/y, estimate $2.77B.
- For FY2022, the company lowed it's outlook and now expects Net sales of ~$65.25B vs. consensus of $66B and prior outlook of $66B; Diluted EPS of ~$21.55 vs. prior view of ~$26.7 and consensus of $26.35.
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Lockheed Martin Non-GAAP EPS of $6.32 misses by $0.07, revenue of $15.45B misses by $570M