Shares of Lockheed Martin (LMT) fell more than 1.5% Tuesday, April 19, 2022 after the aerospace and defense company reported 1Q earnings before markets opened. The company posted better-than-expected EPS on revenue that missed analyst estimates and fell eight percent year-over-year. Cowen analyst Cai Von Rumohr breaks down the report and market reaction.
19 Apr 2022
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