🔴 LMT is trading 4% down today on Q1 earnings miss and negative cash flow

LMT is trading at $508.44 (-4.03%) following a Q1 2026 earnings report that featured a significant drop in EPS and negative free cash flow.

• Quarterly EPS fell to $6.44 from $7.28 last year on flat sales of $18.0B, while the company reported a negative free cash flow of -$291M.
• Management reaffirmed its FY26 guidance, but the results are driving selling pressure as the stock extends its decline from yesterday's close of $529.79 (-4.62%).
• The downward move diverges from the broader market, with the S&P 500 up 0.38% while the Dow remains weak at -0.26%.