While reporting financial results for the fourth quarter on Tuesday, Lockheed Martin Corp. (LMT) provided its earnings, adjusted earnings and sales guidance for the full-year 2022.
For fiscal 2022, the company now projects earnings of about $26.70 per share on net sales of about $66.00 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $26.28 per share on net sales of $66.30 billion for the year. Analysts' estimates typically exclude special items.
Previously, the company had said it expects net sales to decline from 2021 levels to approximately $66 billion.
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