Lockheed Martin Reports Earnings Miss and Faces Analyst Downgrades
Lockheed Martin (LMT) reported earnings below expectations and experienced a nine-day losing streak, with its stock dropping 4% on Friday. Analysts have cut price targets, citing concerns over flat sales, negative free cash flow, and a weak book-to-bill ratio of 0.6.
Tickers: $LMT
Topics: Analyst Ratings Book-to-Bill Ratio Earnings Stock Performance