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LMT
Benzinga
203 days

Nasdaq Surges More Than 300 Points; Lockheed Martin Shares Dip After Q4 Results

1. LMT shares fell approximately 9% following mixed Q4 results. 2. Net sales declined 1.3% year-over-year to $18.622 billion. 3. Adjusted EPS of $7.67 beat consensus estimates of $6.64. 4. Company sales missed expectations, indicating potential revenue concerns. 5. Overall market, including major indices, saw positive trading on Tuesday.

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FAQ

Why Bearish?

Poor sales performance and revenue miss may negatively affect investor sentiment.

How important is it?

Earnings reports are crucial for stock performance; mixed results may reduce investor confidence.

Why Short Term?

Immediate impact on LMT due to recent earnings report; however, could stabilize later.

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