Lockheed Martin's Q1 Revenue Climbs Amid Fluctuating Profit Margins, 2024 Outlook Reaffirmed
Lockheed Martin Corp LMT reported first-quarter 2024 net sales growth of 13.7% year-over-year to $17.195 billion, above the consensus of $15.99 billion. Adjusted EPS of $6.33, down from $6.43 YoY, topped the consensus of $5.81. The gross margin contracted …