Good day, and welcome, everyone, to the Lockheed Martin fourth quarter and full-year 2024 earnings results conference call. Today's call is being recor

Lockheed Martin Corp. LMT delivered mixed fourth-quarter 2024 results. While its bottom line comfortably surpassed the Zacks Consensus Estimate, its top line missed the same. Unimpressively, on a year-over-year basis, both LMT's sales and earnings reflected deterioration. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.

Lockheed Martin plummeted in response to a 20% YoY decline in full-year EPS. See why I'm not an immediate buyer of LMT stock despite a compelling valuation.