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L3Harris Technologies Q1 Non-GAAP Earnings, Revenue Increase, 2024 EPS Guidance Updated
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L3Harris Technologies Q1 Non-GAAP Earnings, Revenue Increase, 2024 EPS Guidance Updated
Apr 25, 2024 2:14 PM

04:48 PM EDT, 04/25/2024 (MT Newswires) -- L3Harris Technologies ( LHX ) reported Q1 non-GAAP earnings Thursday of $3.06 per diluted share, up from $2.86 a year earlier.

Analysts polled by Capital IQ expected $2.91.

Revenue for the quarter ended March 29 was $5.21 billion, up from $4.47 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.08 billion.

The company revised its 2024 projections to non-GAAP EPS of $12.70 to $13.05 on revenue of $20.8 billion to $21.3 billion from previous guidance of $12.40 to $12.80 on revenue of $20.7 billion to $21.3 billion. Analysts polled by Capital IQ expect normalized EPS of $12.72 on revenue of $21.17 billion.

Price: 212.00, Change: +4.64, Percent Change: +2.24

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