Lockheed Martin Misses Earnings and Sales Expectations, Leading to Stock Drop
Lockheed Martin (LMT) reported lower-than-expected earnings and sales for Q1 2026, causing its stock to drop by 4.7%. The company earned $6.44 per share and reported $18 billion in sales, missing analyst forecasts of $6.74 per share and $18.3 billion in revenue. The results were accompanied by a steep 11.5% decline in earnings and negative free cash flow of $291 million.
Tickers: $LMT
Topics: Defense Industry Earnings Lockheed Martin Missed Targets Stock Performance