Lockheed Martin (NYSE:LMT) Misses Q4 Revenue Estimates
Security and Aerospace company Lockheed Martin (NYSE:LMT) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 1.3% year on year to $18.62 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $74.25 billion at the midpoint. Its GAAP profit of $2.22 per share was 66.3% below analysts’ consensus estimates.