Lockheed (LMT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Lockheed Martin (LMT) reported $17.2 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 13.7%. EPS of $6.33 for the same period compares to $6.43 a year ago.The reported revenue represents a surprise of +6.21% over the Zacks Consensus Estimate of $16.19 billion. With the consensus EPS estimate being $5.80, the EPS surprise was +9.14%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...