🔴 LMT is trading 4.4% down today on Q1 earnings miss and negative cash flow

LMT is trading at $531.01 (-4.40%) following its Q1 2026 earnings release, which missed bottom-line estimates and reported a surprise swing to negative free cash flow.

• The company reported flat sales of $18.0 billion and EPS of $6.44 (down from $7.28 last year), while negative free cash flow of $(291) million added significant pressure.
• Management reaffirmed FY26 guidance and characterized the results as a temporary setback, noting that the Missiles and Fire Control (MFC) segment grew 8% to $3.6 billion.