Investing.com - Lockheed Martin (NYSE:LMT) reported fourth quarter earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $4.39 on revenue of $14.41B. Analysts polled by Investing.com forecast EPS of $4.4 on revenue of $13.8B. That compared to EPS of $3.87 on revenue of $15.14B in the same period a year earlier. The company had reported EPS of $5.14 on revenue of $14.32B in the previous quarter.
Lockheed Martin shares lost 0.63% to trade at $286.05 in pre-market trade following the report.
Lockheed Martin follows other major Capital Goods sector earnings this month
On Tuesday, 3M reported fourth quarter EPS of $2.31 on revenue of $7.95B, compared to forecasts of EPS of $2.28 on revenue of $7.87B.
United Technologies earnings beat analyst's expectations on January 23, with fourth quarter EPS of $1.95 on revenue of $18.04B. Investing.com analysts expected EPS of $1.55 on revenue of $16.82B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar