Lockheed Martin Misses Expectations in Q1

Lockheed Martin announced its first‑quarter earnings and revenue results, reporting net income and earnings per share (EPS) below analyst expectations. According to consensus estimates, the company’s Q1 net income and EPS were projected to reach specific figures; however, the reported values fell short of those forecasts. The company noted that supply‑chain disruptions and defense budget constraints impacted performance, citing these factors as having a negative effect on revenue and profitability. Shares declined following the quarterly results. Lockheed Martin indicated that it may need to reassess its year‑end outlook. This is not investment advice.