Lockheed Martin: Multiyear Growth Framework Forced Investors To Face The Truth
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Lockheed Martin's Q3 results showed low-single-digit growth and missed estimates due to supply chain constraints and limited margin expansion. Despite a $166 billion backlog, the company's multi-year growth framework and narrowed full-year guidance disappointed investors.
November 07, 2024 | 4:15 pm
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Lockheed Martin's Q3 results missed estimates, showing low growth due to supply chain constraints and limited margin expansion. Despite a $166 billion backlog, the company's narrowed full-year guidance disappointed investors.
Lockheed Martin's Q3 results showed low growth and missed estimates, which is likely to negatively impact short-term stock prices. The company's narrowed full-year guidance and supply chain constraints further contribute to investor disappointment, despite a strong backlog.
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IMPORTANCE 80
RELEVANCE 100