Lockheed Martin (LMT Quick QuoteLMT - Free Report) reported $20.06 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 10.5%. EPS of $7.94 for the same period compares to $7.29 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $19.43 billion, representing a surprise of +3.26%. The company delivered an EPS surprise of +9.97%, with the consensus EPS estimate being $7.22.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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: $8.11 billion compared to the $7.66 billion average estimate based on three analysts. The reported number represents a change of +9.3% year over year.
• Sales- Rotary and Mission Systems: $4.35 billion versus the three-analyst average estimate of $4.39 billion. The reported number represents a year-over-year change of +9%.
• Sales- Missiles and Fire Control: $4.1 billion compared to the $4.03 billion average estimate based on three analysts. The reported number represents a change of +19.5% year over year.
• Sales- Space: $3.5 billion versus the three-analyst average estimate of $3.45 billion. The reported number represents a year-over-year change of +5.7%.
• Operating profit (loss)- Aeronautics: $760 million versus the three-analyst average estimate of $723.83 million.
• Operating profit (loss)- Space: $371 million compared to the $345.8 million average estimate based on three analysts.
• Operating profit (loss)- Rotary and Mission Systems: $437 million compared to the $459.79 million average estimate based on three analysts.
• Operating profit (loss)- Missiles and Fire Control: $594 million versus the three-analyst average estimate of $559.2 million.

View all Key Company Metrics for Lockheed here>>>

Shares of Lockheed have returned +4.6% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.