L3Harris Technologies Reports Strong First Quarter 2024 Results, Increases 2024 Profitability Guidance
L3Harris Technologies, Inc. (LHX)
Last l3harris technologies, inc. earnings: 2/4 06:30 am
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Source: Business Wire
Orders1 of $5.5 billion; book-to-bill of 1.06xRevenue of $5.2 billion, up 17%, up 5% organically1Operating margin of 7.3%; Adjusted segment operating margin1 of 15.1%Earnings per share (EPS) of $1.48; Non-GAAP EPS1 of $3.062024 adjusted segment operating margin1 guidance increases from ~15% to 15%*2024 non-GAAP EPS guidance range increases from $12.40 - $12.80 to $12.70 - $13.05* MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies, Inc. (NYSE: LHX) reported first quarter 2024 net income attributable to L3Harris of $283 million, or diluted earnings per share (EPS) of $1.48, on first quarter revenue of $5.2 billion. First quarter 2024 non-GAAP1 net income attributable to L3Harris was $584 million, or non-GAAP1 diluted EPS of $3.06. A reconciliation of non-GAAP results are detailed in tables beginning on page 10."We're off to a strong start to 2024, reporting solid revenue with higher operating margin across all four segments and our Trusted Disruptor strategy continues to drive d
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LHX
News
- L3Harris: Q1 Beat And Raise Confirms Top Pick [Seeking Alpha]Seeking Alpha
- Is L3Harris Technologies (LHX) Stock Outpacing Its Aerospace Peers This Year? [Yahoo! Finance]Yahoo! Finance
- L3Harris Technologies, Inc. (NYSE: LHX) had its price target raised by analysts at JPMorgan Chase & Co. from $240.00 to $250.00. They now have an "overweight" rating on the stock.MarketBeat
- L3Harris Technologies Insiders Sold US$3.0m Of Shares Suggesting Hesitancy [Yahoo! Finance]Yahoo! Finance
- L3Harris Technologies, Inc. (NYSE:LHX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
LHX
Earnings
- 4/25/24 - Beat
LHX
Sec Filings
- 5/1/24 - Form S-8
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 8-K
- LHX's page on the SEC website