Lockheed (LMT) Q4 Earnings Beat Estimates, Sales Decline Y/Y

Lockheed Martin Corporation (LMT) reported fourth-quarter 2023 adjusted earnings of $7.90 per share, which beat the Zacks Consensus Estimate of $7.26 by 8.8%. The bottom line also improved 1.4% from the year-ago quarter's recorded figure.The company reported GAAP earnings of $7.58 per share compared with $7.40 in the prior-year period.Lockheed reported 2023 adjusted earnings of $27.82 per share, which beat the Zacks Consensus Estimate of $27.24 by 2.1%. The bottom line also rose 2.2% from the year-ago quart ...