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4/21/15: Lockheed Martin Corp. (NYSE: LMT) earnings revealed that the world's largest defense company fell short of Wall Street's revenue estimates. The defense giant posted a $10.1 billion sales figure. Analysts forecasted a $10.3 billion clip. This was a 5.1% drop from last year's first-quarter numbers.
Lockheed Martin did post earnings per share (EPS) of $2.74. That was above estimates of $2.50. But it was also a 4.5% decline from last year's EPS.