Lockheed Martin Misses Earnings and Sales Targets, Leading to Stock Drop
Lockheed Martin (LMT) stock fell 4.7% after missing Q1 2026 earnings and sales forecasts. The company reported earnings of $6.44 per share and sales of $18 billion, below analyst expectations of $6.74 per share and $18.3 billion. The stock decline was driven by flat sales growth and a steep 11.5% drop in earnings.
Topics: Defense Industry Earnings Miss Free Cash Flow Lockheed Martin Stock Price Drop