Lockheed Martin (LMT) Falls More Steeply Than Broader Market: What Investors Need to Know

Lockheed Martin closed down 1.54% on October 13, 2026, underperforming the S&P 500's 0.02% loss. The aerospace and defense company is scheduled to report earnings on October 22, 2026, with projected EPS of $7.48 (up 7.63% YoY) and revenue of $20.35 billion (up 9.36% YoY). The stock holds a Zacks Rank #2 (Buy) rating with a Forward P/E of 16.81, trading at a discount to its industry average.