Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings.Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.The ability to identify stocks tha ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering L3Harris (LHX) , which belongs to the Zacks Aerospace - Defense industry.When looking at the last two reports, this technology and communications company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 2.73%, on average, in the last two quarters.For the last reported quarter, L3Harris came out with earnings o ...

ANDOVER, Mass., April 10, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced it was awarded a $31 million contract from L3Harris Technologies (NYSE:LHX) to provide solid-state data recorders for the U.S. Space Development Agency (SDA)'s Tranche 2 Tracking Layer satellite constellation. L3Harris was selected in January to design and build 18 satellites that will provide near-global mis ...

L3Harris Technologies Inc. (LHX) recently announced that it has signed an agreement to divest its antenna and related businesses for $200 million to an affiliate of Kanders & Co., Inc. Once the deal gets completed, L3Harris will earn cash worth $175 million.The transaction is anticipated to close in the second quarter of 2024.The businesses that L3Harris has agreed to sell specialize in a range of airborne and ground-based antennas and test equipment.Rationale Behind the SaleL3Harris’ decision to divest ant ...

Creates New Fisica Platform to Build and Acquire a Leading Defense Technology Portfolio PALM BEACH, Fla., April 5, 2024 /PRNewswire/ -- Kanders & Company, Inc. ("Kanders"), a U.S.-based single-family office, announced today that it has entered into a definitive agreement to acquire and combine certain antenna and test equipment businesses from L3Harris Technologies (NYSE: LHX) for $200 million. The acquisition brings together three separate business units under Kanders' newly formed Fisica, Inc. ("Fisica") ...

L3Harris Technologies (LHX) recently announced that the board of directors has approved a 1.8% increase in the quarterly dividend rate. The revised quarterly dividend will be $1.16, payable on Mar 22, 2024, to shareholders of record at the close of business on Mar 8.L3Harris has been consistently increasing dividends for 23 years. The company’s new annualized dividend rate is $4.64 per share, resulting in an annualized dividend yield of 2.19%, based on its share price of $211.74 as of Feb 27, 2024. The curr ...

MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE:LHX) approved an increase in the company’s per share quarterly cash dividend rate from $1.14 to $1.16 commencing with the dividend for the first quarter of the year, payable March 22, 2024, to shareholders of record as of the close of business on March 8, 2024. The dividend corresponds to an increase in the annualized rate from $4.56 to $4.64. “ This represents the company’s 23rd consecutive annual dividend increase, en ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 29, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ______________ Commission File Number 1-3863 L3HARRIS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 34-0276860 ...

MELBOURNE, Fla.--(BUSINESS WIRE)--Five missile tracking satellites L3Harris Technologies (NYSE:LHX) designed and built successfully launched from Cape Canaveral Space Force Station, Florida, as part of the Missile Defense Agency’s (MDA) Hypersonic and Ballistic Tracking Space Sensor (HBTSS) program and the Space Development Agency’s (SDA) Tranche 0 (T0) Tracking Layer program. L3Harris’ HBTSS satellite is an on-orbit prototype demonstration that can track maneuvering hypersonic missiles flying beyond the r ...

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) Chair and CEO Christopher E. Kubasik and Chief Financial Officer Ken Bedingfield will attend Citi’s Global Industrial Tech and Mobility Conference on Feb. 20 in Miami. Kubasik and Bedingfield are also scheduled to present at the Barclays Industrial Select Conference at 8:30 a.m. ET, Feb. 21, also in Miami. The Barclays presentation will stream live on the L3Harris website with a recording available following the event. Bedingfield will also ...