For the quarter ended March 2026, Lockheed Martin (LMT Quick QuoteLMT - Free Report) reported revenue of $18.02 billion, up 0.3% over the same period last year. EPS came in at $6.44, compared to $7.28 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $18.12 billion, representing a surprise of -0.57%. The company delivered an EPS surprise of -3.47%, with the consensus EPS estimate being $6.67.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Lockheed performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Sales- Aeronautics: $6.95 billion compared to the $7.07 billion average estimate based on three analysts. The reported number represents a change of -1.5% year over year.
• Sales- Rotary and Mission Systems: $3.99 billion compared to the $4.07 billion average estimate based on three analysts. The reported number represents a change of -7.8% year over year.
• Sales- Missiles and Fire Control: $3.65 billion versus the three-analyst average estimate of $3.54 billion. The reported number represents a year-over-year change of +8.2%.
• Sales- Space: $3.43 billion versus $3.13 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +7% change.
• Operating profit (loss)- Aeronautics: $619 million compared to the $654.97 million average estimate based on three analysts.
• Operating profit (loss)- Space: $281 million versus $319.42 million estimated by three analysts on average.
• Operating profit (loss)- Rotary and Mission Systems: $423 million compared to the $415.97 million average estimate based on three analysts.
• Operating profit (loss)- Missiles and Fire Control: $500 million compared to the $484.18 million average estimate based on three analysts.

View all Key Company Metrics for Lockheed here>>>

Shares of Lockheed have returned -11% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.