Lockheed Martin smashes earnings estimates in Q3 2024—So why is the stock tanking?
Lockheed Martin Corporation, the aerospace and defense giant, released its third-quarter earnings report for 2024, showing impressive profit growth yet sparking a surprising stock decline. The company reported an adjusted earnings per share (EPS) of $6.84, surpassing Wall Street’s expectations of $6.50. This result marked a strong profit performance and aligned with the company’s trend […]