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L3Harris (LHX) Beats Q1 Earnings Estimates, Hikes '24 EPS View
LHXL3Harris(LHX) Zacks Investment Research·2024-04-26 14:16

L3Harris Technologies, Inc. (LHX) reported first-quarter 2024 adjusted earnings (from continuing operations) of 3.06pershare,whichbeattheZacksConsensusEstimateof3.06 per share, which beat the Zacks Consensus Estimate of 2.89 by 5.9%. The bottom line also increased 7% from the year-ago quarter’s reported figure of 2.86.Excludingone−timeitems,thecompanyreportedGAAPearningsof2.86.Excluding one-time items, the company reported GAAP earnings of 1.48 per share, down from 1.76generatedintheprior−yearperiod.TotalRevenuesL3Harris’first−quarterrevenuestotaled1.76 generated in the prior-year period.Total RevenuesL3Harris’ first-quarter revenues totaled 5.21 billion, which beat the Zacks Consensus Estim ...