Defense firm Lockheed forecasts dour 2024 profit on supply chain woes

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Lockheed Martin (LMT) tops consensus earnings, revenue expectations

January 23, 2024 7:56 AM EST

Lockheed Martin (NYSE: LMT) shares edged slightly lower premarket Tuesday after the company released its latest quarterly earnings report, topping consensus earnings and revenue expectations.

The company reported adjusted Q4 earnings of $7.90 per share, $0.62 better than the analyst estimate of $7.28 per share.... More