07:53 AM EST, 01/28/2025 (MT Newswires) -- Lockheed Martin ( LMT ) reported Q4 earnings Tuesday of $2.22 per diluted share, down from $7.58 a year earlier.

Analysts polled by FactSet expected $6.61.

Net sales for the quarter ended Dec. 31 were $18.62 billion, down from $18.87 billion a year earlier.

Analysts surveyed by FactSet expected $18.87 billion.

For 2025, the defense contractor expects diluted EPS of $27.00 to $27.30 on net sales of $73.75 billion to $74.75 billion. Analysts polled by FactSet expect EPS of $27.75 on sales of $74.11 billion.

Shares of the company fell more than 3% in Tuesday's premarket activity.