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L3Harris Technologies Earnings, Revenue Rise; Full-Year Guidance Increased
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L3Harris Technologies Earnings, Revenue Rise; Full-Year Guidance Increased
Jul 25, 2024 1:40 PM

04:24 PM EDT, 07/25/2024 (MT Newswires) -- L3Harris Technologies ( LHX ) reported Q2 non-GAAP diluted earnings Thursday of $3.24 per share, up from $2.97 a year earlier.

Analysts polled by Capital IQ expected $3.18.

Revenue for the quarter ended June 30 was $5.30 billion, up from $4.69 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.31 billion.

The company now expects full-year non-GAAP earnings of $12.85 to $13.15 per share, up from its previous guidance of $12.70 to $13.05 per share.

Revenue forecast for the year was narrowed to $21 billion to $21.3 billion from the previous range of $20.8 billion to $21.3 billion.

Analysts polled by Capital IQ expect the company to post earnings of $12.98 on revenue of $21.20 billion.

Price: 245.00, Change: +1.73, Percent Change: +0.71

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