Benzinga | Oct 26, 2021 07:31AM EDT

Lockheed Martin Q3 EPS $2.21 Beats $1.97 Estimate, Sales $16.00B Miss $17.12B Estimate

Lockheed Martin (NYSE:LMT) reported quarterly earnings of $2.21 per share which beat the analyst consensus estimate of $1.97 by 12.18 percent. This is a 64.64 percent decrease over earnings of $6.25 per share from the same period last year. The company reported quarterly sales of $16.00 billion which missed the analyst consensus estimate of $17.12 billion by 6.54 percent. This is a 3.00 percent decrease over sales of $16.50 billion the same period last year.