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Unlocking Q1 Potential of L3Harris (LHX): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2025-04-21 14:21
In its upcoming report, L3Harris (LHX) is predicted by Wall Street analysts to post quarterly earnings of $2.34 per share, reflecting a decline of 23.5% compared to the same period last year. Revenues are forecasted to be $5.26 billion, representing a year-over-year increase of 0.9%.The consensus EPS estimate for the quarter has undergone a downward revision of 1.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial est ...
Analysts Estimate L3Harris (LHX) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-04-17 15:06
Wall Street expects a year-over-year decline in earnings on higher revenues when L3Harris (LHX) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 24. On the o ...
L3Harris (LHX) Soars 6.8%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 14:35
L3Harris (LHX) shares soared 6.8% in the last trading session to close at $214.35. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.5% loss over the past four weeks.The latest uptick in LHX’s share price can be attributed to the recent announcement made by the U.S. President indicating a big boost in defense spending as part of the upcoming U.S. fiscal 2026 budget. Notably, U.S. President Donald Trump said yesterday (9th April) ...
L3Harris Supplies First Skyraider II Military Jet to U.S. Air Force
ZACKS· 2025-04-04 17:10
Company Overview - L3Harris Technologies, Inc. (LHX) has delivered the first missionized OA-1K Skyraider II aircraft to the U.S. Air Force Special Operations Command, which is expected to enhance LHX's revenue performance in the first quarter of 2025 [1] - The Skyraider II is based on the multi-purpose OA-1 Sky Warden aircraft and can perform various missions, including close air support and armed intelligence, surveillance, and reconnaissance [2] Product Features - The versatility of the Skyraider II allows Special Operations Forces (SOF) to counter rivals across a wide range of military operations, with the capability to operate from challenging airfields [3] - L3Harris is on track to deliver more Skyraider II aircraft, which may attract additional customers and lead to increased contract flows [3] Market Growth Potential - Rising military conflicts and technological advancements are driving nations to increase defense spending, with a forecasted compound annual growth rate of 4.7% for the global military aviation market from 2025 to 2030 [4] - L3Harris is positioned to benefit from this market growth as a major supplier of innovative avionic systems tested on various aircraft platforms, including the F-35 Lightning II [5] Competitive Landscape - Other defense companies likely to benefit from the military aviation market include Boeing, Lockheed Martin, and Embraer, each with strong product portfolios and growth estimates [6][7][8] - Boeing has a long-term earnings growth rate of 17.4% and a projected 25.7% sales improvement for 2025 [7] - Lockheed Martin has a long-term earnings growth rate of 10.6% with a 4.6% sales improvement forecast for 2025 [8] - Embraer is expected to see a 15.1% sales growth in 2025, with a notable earnings surprise average of 138.39% over the last four quarters [9] Stock Performance - Over the past three months, L3Harris shares have increased by 2.8%, while the industry has seen a growth of 12.2% [10]
ABB to supply interferometer for Himawari-10 Japanese geostationary meteorological satellite
Newsfilter· 2025-03-27 12:00
Core Insights - ABB has secured a contract with L3Harris Technologies to develop a high-resolution infrared interferometer system for the Himawari-10 satellite, which will enhance weather forecasting capabilities in the Asia-Pacific region for the next decade [1][4]. Group 1: Contract and Technology - The interferometer system will be integrated into the Himawari-10 satellite, enabling 3D mapping of the Earth's atmosphere [1][6]. - The L3Harris sounder will operate at an altitude of 36,000 km in geostationary orbit, significantly improving the Japan Meteorological Agency's ability to predict extreme weather events [2][3]. Group 2: Impact on Weather Forecasting - The new sounder will provide a 30-minute revisit capability, greatly enhancing the quality and quantity of data available for weather prediction models compared to current systems [2][3]. - Hyperspectral infrared sounders, first introduced in 2011, have transformed weather forecasting, and the Himawari-10 is expected to further improve forecasting accuracy for Japan and the Asia-Pacific region [4][6]. Group 3: Company Background - ABB is a global leader in electrification and automation, with over 140 years of history and approximately 110,000 employees worldwide [5]. - The company focuses on enabling sustainable and resource-efficient industrial operations through its engineering and digitalization expertise [5].
L3Harris: Attractive Valuation
Seeking Alpha· 2025-03-25 14:50
Core Insights - The focus is on fundamental analysis and disciplined market research to identify investment opportunities in small cap companies with strong fundamentals, large cap companies facing temporary setbacks, and stable companies with solid dividend yields and growth potential [1]. Group 1 - The analyst has a strong quantitative background with a Ph.D. in Chemical Engineering and an MBA, indicating a robust analytical skill set for evaluating companies [1]. - The investment strategy emphasizes identifying small cap companies with growth potential, which may offer higher returns compared to larger, more established firms [1]. - Large cap companies undergoing temporary setbacks are also a focus, suggesting a strategy to capitalize on potential recovery and value appreciation [1]. Group 2 - The emphasis on stable companies with solid dividend yields indicates a preference for income-generating investments, appealing to risk-averse investors [1].
L3Harris Technologies: Another Dip Opportunity As Defense Spend In Question
Seeking Alpha· 2025-03-18 12:30
Core Insights - Albert Anthony is a Croatian-American media personality who has gained over 1,000 followers on investor platforms since 2023, focusing on markets and stocks [1] - He is set to launch a new book titled "Financial Markets: Growing A Dividend Income Portfolio" in 2025, coinciding with an ongoing series of articles on the same topic [1] - Albert Anthony has a background in management and information systems analysis, having worked in the IT department of a top-10 financial firm [1] Company Overview - Albert Anthony & Co. is a sole proprietorship registered in Austin, Texas, and is wholly owned by Albert Anthony [1] - The company does not provide personalized financial advisory services but offers general market commentary based on publicly available data [1] Investment Focus - Albert Anthony has launched the Future Investor Fund, which aims to build a dividend portfolio [1] - The brand emphasizes a focus on dividend income as a key investment strategy [1]
The Air Force Asked L3Harris: Can You Build Us a Fighter Plane for Less Than $50 Million?
The Motley Fool· 2025-03-15 14:10
Core Insights - L3Harris has been awarded a $3 billion contract to deliver 75 modified Air Tractor AT-802U Sky Warden turboprop aircraft for the U.S. Special Operations Command (SOCOM) [3] - The new aircraft, named Skyraider II, is designed for close air support and can carry up to 6,000 pounds of ordnance, making it comparable to the F-35 in terms of load capacity [4][6] - The program could generate approximately $580 million in incremental revenue for L3Harris as early as this year, although this represents only 2.7% of the company's annual revenue [7] Company Overview - L3Harris is not traditionally associated with fighter planes, focusing instead on radios, sensors, and rocket engines [1][2] - The company has already built the first two Skyraiders and plans to deliver operationally configured planes early this year [6] - The Air Force has reduced its order to 62 planes, with a per-plane cost of approximately $48.4 million [5] Market Potential - There is significant international interest in the Skyraider II, with 22 potential overseas buyers and another 15 countries considering the aircraft [8][9] - The program's success could position L3Harris favorably in the global defense market, expanding beyond SOCOM and the U.S. [8] Financial Considerations - L3Harris stock is currently priced at 28 times trailing earnings, necessitating mid-teens annual growth to be considered a buy [10] - Analysts project that L3Harris may struggle to achieve earnings growth beyond 7% annually over the next five years [10][11]
Shield AI raises $240M at $5.3B valuation to scale Hivemind Enterprise, an AI-powered autonomy developer platform
Prnewswire· 2025-03-06 16:00
Core Insights - Shield AI has successfully completed a $240 million F-1 strategic funding round, raising its valuation to $5.3 billion, aimed at scaling its Hivemind Enterprise platform [1] - The funding round saw participation from strategic investors such as L3Harris and Hanwha Aerospace, along with existing investors like Andreessen Horowitz [1][4] - The raised funds will facilitate the deployment of Hivemind Enterprise to various sectors, including OEMs and government entities, enhancing the robotics and drone industrial base [1] Company Overview - Shield AI, founded in 2015, focuses on developing intelligent autonomous systems to protect service members and civilians [5] - The company’s product suite includes Hivemind Enterprise, V-BAT, and Sentient Vision Systems, with operations in multiple global locations [5] Product and Technology - Hivemind Enterprise is designed to accelerate autonomy development for intelligent machines, providing a comprehensive software suite for building, testing, and deploying autonomous systems [2] - The platform includes an integrated autonomy factory, production-ready middleware, and a rich autonomy catalog, enabling developers to create mission-ready solutions quickly [2] - Shield AI's technology has already demonstrated capabilities in autonomously flying military aircraft and operating in GPS-denied environments [3] Industry Context - There is a growing demand for advanced autonomy solutions across various industries, with industry leaders recognizing the urgency for scalable autonomy [4] - L3Harris's CEO highlighted the inevitability of autonomy at scale, aligning with Shield AI's mission to deliver AI-enabled solutions efficiently [4]
L3Harris Technologies Rewards Shareholders With 3.4% Dividend Hike
ZACKS· 2025-03-03 16:00
Group 1: Dividend Increase - L3Harris Technologies, Inc. announced a 3.4% increase in its quarterly dividend rate, raising it to $1.20 per share, payable on March 21, 2025 [1] - This increase marks the company's 24th consecutive annual dividend hike, resulting in a new annualized dividend rate of $4.80 per share and an annualized dividend yield of 2.33% based on a share price of $206.11 as of February 28, 2025 [2] Group 2: Defense Budget and Market Position - The U.S. defense budget significantly benefits L3Harris, with the Fiscal Year 2025 Defense Appropriations Act providing a total of $852.2 billion, including over $1 billion for classified Space Force requirements [3] - L3Harris has a strong international presence, with nearly 20% of its revenues coming from international markets, and continues to see high demand for its defense solutions from various regions including Asia-Pacific and Latin America [4] Group 3: Contract Wins and Future Prospects - In January 2025, L3Harris was awarded a contract by BAE Systems Maritime Australia to provide the Integrated Platform Management System for the Royal Australian Navy's Hunter class frigates, indicating growth potential in its ISR technologies [5] - The company's global presence and contract wins ensure strong revenue generation, supporting the sustainability of shareholder-friendly initiatives in the future [6] Group 4: Stock Performance - Over the past month, L3Harris shares have declined by 2.2%, while the industry has seen a smaller decline of 0.5% [8]