L3Harris (LHX) Beats Q1 Earnings Estimates, Hikes '24 EPS View

L3Harris Technologies, Inc. (LHX) reported first-quarter 2024 adjusted earnings (from continuing operations) of $3.06 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.Excluding one-time items, the company reported GAAP earnings of $1.48 per share, down from $1.76 generated in the prior-year period.Total RevenuesL3Harris’ first-quarter revenues totaled $5.21 billion, which beat the Zacks Consensus Estim ...