It's 2 Steps Forward, 1 Step Back for Lockheed Martin as Weak Guidance Deletes an Earnings Beat

Investors didn't rush to buy Lockheed Martin stock this week. They might want to reconsider.Lockheed Martin (LMT 2.39%) reported earnings on Tuesday, and the crowd went mild.Seriously. Rarely has an earnings beat the size of the one Lockheed reported this week been met with such a gigantic collective shrug of dismissal as this one. Heading into earnings day, Wall Street analysts confidently predicted Lockheed would report a $6.31-per-share profit on$17.8 billion in sales. Instead, Lockheed reported $18 bil ...