L3Harris Technologies, Inc.

LHX

US5024311095

Aerospace & Defense

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
214.5 ^USD	+3.46%		+4.42%	+1.86%

Apr. 26	L3Harris cuts 5% workforce in cost-saving measure	RE
Apr. 26	US announces purchase of $6 bln in weapons for Ukraine	RE

L3Harris Technologies, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2022

October 27, 2022 at 04:18 pm EDT

L3Harris Technologies, Inc. reported earnings results for the third quarter ended September 30, 2022. For the third quarter, the company reported net loss was USD 300 million compared to net income of USD 481 million a year ago. Basic loss per share from continuing operations was USD 1.56 compared to basic earnings per share from continuing operations of USD 2.41 a year ago.

Diluted loss per share from continuing operations was USD 1.56 compared to diluted earnings per share from continuing operations of USD 2.39 a year ago.

Latest news about L3Harris Technologies, Inc.

L3Harris cuts 5% workforce in cost-saving measure	Apr. 26	RE
US announces purchase of $6 bln in weapons for Ukraine	Apr. 26	RE
Transcript : L3Harris Technologies, Inc., Q1 2024 Earnings Call, Apr 26, 2024	Apr. 26
L3Harris Technologies Q1 Non-GAAP Earnings, Revenue Increase, 2024 EPS Guidance Updated	Apr. 25	MT
Earnings Flash (LHX) L3HARRIS TECHNOLOGIES Posts Q1 EPS $3.06, vs. Street Est of $2.91	Apr. 25	MT
Earnings Flash (LHX) L3HARRIS TECHNOLOGIES Reports Q1 Revenue $5.21B, vs. Street Est of $5.08B	Apr. 25	MT
(LHX) L3HARRIS TECHNOLOGIES Forecasts Fiscal Year 2024 EPS Range $12.70 - $13.05	Apr. 25	MT
L3Harris raises top end of 2024 adjusted earnings outlook amid global tensions	Apr. 25	RE
L3Harris Technologies, Inc. Increases Earnings Guidance for the Year 2024	Apr. 25	CI
L3Harris Technologies, Inc. Reports Earnings Results for the First Quarter Ended March 29, 2024	Apr. 25	CI
Northrop quarterly profit rose on strong global defense spending	Apr. 25	RE
Global markets live: Heineken, AT&T Hasbro, Visa, Boeing...	Apr. 24
Declaration of Voting Results by L3Harris Technologies	Apr. 23	CI
L3Harris Technologies to Eliminate 5% of Jobs	Apr. 23	MT
L3Harris Technologies to Reportedly Eliminate 5% of Workforce in 2024	Apr. 23	MT
US defense contractor L3Harris to cut 5% of workforce to save costs, email shows	Apr. 23	RE
Alembic Global Upgrades L3Harris Technologies to Overweight From Neutral, Price Target at $238	Apr. 22	MT
L3Harris Technologies Maintains Quarterly Dividend at $1.16 Per Share; Payable June 18 to Shareholders of Record June 4	Apr. 19	MT
L3Harris Technologies, Inc. Announces Quarterly Dividend, Payable on June 18, 2024	Apr. 19	CI
L3Harris Technologies to Expand Solid Rocket Motor Production Site in Orange County, Virginia	Apr. 18	MT
Bernstein Adjusts Price Target on L3Harris Technologies to $240 From $237	Apr. 18	MT
L3Harris Technologies Gets $256 Million Order From US Army for Night Vision Technology	Apr. 15	MT
Kratos Defense & Security Solutions Completes Static Test Firing of Zeus 2 Solid Rocket Motor	Apr. 15	MT
U.S. Army Awards L3Harris ENVG-B Production Order	Apr. 15	CI
Iridium Gets Contract With L3Harris to Provide Satellite Timing Sync Service to Back US FAA	Apr. 09	MT

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Company Profile

L3Harris Technologies, Inc. specializes in the design, manufacturing and marketing of information and communication equipment for the defense, government agency, and commercial structure markets. Net sales break down by family of products as follows: - integrated mission systems (32.4%): intelligence, surveillance and reconnaissance systems, communication systems, electrical and electronic systems for marine platforms, advanced electro-optical and infrared solutions, etc. ; - space and airborne systems (28.3%): payload systems, sensors, complete mission solutions, confidential intelligence systems, cyber defense solutions, electronic warfare systems, etc; - communication systems (23.8%): tactical communication systems, broadband communications, integrated visual communications solutions, etc; - aviation systems (15.5%): air defense systems, commercial aircraft equipment, pilot training solutions and air traffic management systems. Net sales break down by source of income between sales of products (78.9%) and services (26.1%). The United States account for 90.2% of net sales.

Sector

Aerospace & Defense

Calendar

2024-07-31 - Q2 2024 Earnings Release (Projected)

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S&P 500

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Ratings for L3Harris Technologies, Inc.

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Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

214.5 USD

Average target price

244.6 USD

Spread / Average Target

+14.00%

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Company calendar

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