Lockheed Martin Stock Falls After Earnings Miss As Cash Flow Turns Negative

Lockheed Martin (NYSE: LMT) shares fell after the company reported first-quarter 2026 results that missed earnings and revenue estimates, with sales at $18.021 billion and diluted EPS of $6.44. The company’s cash flow from operations turned negative, largely due to higher working capital from billing timing. Despite the miss, Lockheed Martin reaffirmed its full-year guidance for 2026, citing strong demand, munitions expansion, and significant contract awards.

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