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EZ2

10/23/07 8:23 AM

#6975 RE: EZ2 #6954

7:42AM Lockheed Martin beats by $0.16, beats on revs; raises FY07 EPS guidance, still below consensus, reaffirms FY07 rev guidance (LMT) 107.24 : Reports Q3 (Sep) earnings of $1.80 per share, $0.16 better than the Reuters Estimates consensus of $1.64; revenues rose 15.6% year/year to $11.1 bln vs the $10.39 bln consensus. Co raises FY07 EPS guidance to $6.70-6.85 vs. $6.86 consensus; reaffirms FY07 revs of $41-41.75 bln vs. $41.7 bln consensus. Co issues downside guidance for FY08, sees EPS of $6.95-7.15 vs. $7.23 consensus; sees FY08 revs of $41.25-42.75 bln vs. $42.86 bln consensus.