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Lockheed Martin (LMT) stock tumbled Tuesday afternoon following the company's mixed third quarter earnings report. The aerospace and defense giant posted revenue of $17.1 billion, falling short of Wall Street's expected $17.37 billion. However, the company's adjusted earnings per share (EPS) of $6.84 surpassed analyst estimates of $6.50.
Market Domination Anchors Julie Hyman and Josh Lipton dive into the results, discussing how the decline in F-35 sales impacted the company's earnings.
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This post was written by Angel Smith