Revenue segments as reported by the company.

Integrated Mission Systems

Space & Airborne Systems

Communication Systems

Aerojet Rocketdyne

Aviation Systems

Corporate eliminations

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

L3Harris

L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. The Integrated Mission Systems segment consists of multi-mission ISR and communication systems, integrated electrical and electronic systems for maritime platforms, and advanced electro-optical and infrared solutions. The Space and Airborne Systems segment consists of space payloads, sensors and full-mission solutions, classified intelligence and cyber defense, avionics, and electronic warfare. The Communication Systems segment consists of tactical communications, broadband communications, integrated vision solutions, and public safety. The Aviation Systems segment is composed of defense aviation products, security, detection and other commercial aviation products, air traffic management, and commercial and military pilot training. The company was founded in 1890 and is headquartered in Melbourne, FL.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

L3Harris (LHX) exceeds Q4 expectations, focuses on growth and stability

L3Harris (LHX) delivered strong Q4 results, with a focus on growth and margin stability in 2023. Strategic M&A activities and investments in key growth areas position the company for future success. Challenges around supply chain, inflation, and margin outlook require proactive management.

L3Harris reports strong Q1 earnings, eyes higher revenue opportunities

L3Harris had a robust Q1, with strong financial performance and a positive outlook for the year. The company is strategically positioned to capitalize on international bookings and working capital improvements. Challenges lie in managing debt levels post the Aerojet acquisition while focusing on profitability and operational enhancements.

L3Harris reports robust Q2 earnings, eyes Aerojet synergy for growth

L3Harris' strong financial performance in Q2 2023, coupled with the Aerojet acquisition, positions the company for growth and innovation in the defense industry. Operational improvements, increased guidance, and a focus on space sector success highlight L3Harris' strategic direction.

L3Harris excels in Q3, eyes growth and efficiency gains

L3Harris demonstrated strong financial performance, strategic alignment, and commitment to shareholder value.
Challenges lie in maintaining margins, reducing debt, and optimizing operations amidst industry dynamics.
Opportunities for growth, efficiency gains, and strategic investments position L3Harris for future success.
Investor Day offers a platform to communicate growth strategies and engage with investors and stakeholders.

L3Harris reports record orders and margin focus for 2023

L3Harris achieved strong financial performance in 2023, with record orders and a focus on margin expansion and free cash flow growth.
The company's strengths lie in strong international orders, successful product lines like tactical radios, and improved supply chain management.
Challenges include sub-tier supplier issues, supply chain obstacles, and potential structural issues in defense industry pricing.
Opportunities exist in debt reduction, shareholder returns, international growth, and operational efficiencies for margin expansion and free cash flow growth.

L3Harris posts robust Q1 earnings, eyes international growth opportunities

L3Harris reported strong Q1 2024 earnings, raised guidance, and is focused on financial optimization and international growth. The company faces challenges in reducing leverage and optimizing bidding strategies. However, opportunities in international markets and revenue growth strategies present promising avenues for future success.

L3Harris excels in Q2 2024, eyes European defense market

L3Harris delivered robust financial results, emphasized operational efficiency gains, and reaffirmed guidance for revenue, margin rate, and EPS. The company's focus on optimizing workforce and infrastructure, coupled with strategic divestitures, positions it well for future growth and shareholder value creation.

L3Harris reports strong Q3 performance, eyes growth and efficiency

L3Harris had a strong quarter with record order volume, robust margins, and increased revenue across all segments.
The company's strategic partnerships, cost-saving initiatives, and focus on growth and profitability position them well for future success.
Challenges include flat revenue in the SAS segment and ongoing portfolio shaping efforts, while opportunities lie in anticipated growth and program advancements.
Overall, L3Harris is confident in maintaining and growing market share, delivering advanced solutions, and driving profitability.

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L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Space and Airborne Systems, Integrated Mission Systems, Communication Systems, and Aerojet Rocketdyne. The Space and Airborne Systems segment provides full mission solutions as a prime and subsystem integrator in the space, airborne and cyber domains. The Integrated Mission Systems segment focuses on the differentiated mission capabilities and prime systems integration for the air, land and sea domains. The Communication Systems segment enables warfighters across all domains with solutions critical to mission success even in the most contested environments. The Aerojet Rocketdyne segment includes propulsion, power and armament products and systems to U.S. government, including the DoD, National Aeronautics and Space Administration (“NASA”) and major aerospace and defense prime contractors. The company was founded in 1890 and is headquartered in Melbourne, FL.

MELBOURNE, Fla.--( BUSINESS WIRE )--L3Harris Technologies (NYSE:LHX) today announced delivery of the first of more than 100 T7™ explosive ordnance disposal robots to the U.S. Air Force as part of a contract supporting the USAF's global EOD mission.

L3Harris Delivers First T7 Explosive Ordnance Disposal Robots to US Air Force

Spirit Airlines

Spirit Wings Pilot Pathway Launches in Central Florida MIRAMAR, Fla. , Dec. 15, 2022 /PRNewswire/ -- The sky's the limit for aspiring Spirit Airlines (NYSE:SAVE) Pilots.

New Spirit Airlines & L3Harris Pathway Program Puts Aspiring Pilots on the Fast Track to a Successful Career

ROCHESTER, N.Y.--( BUSINESS WIRE )--L3Harris Technologies (NYSE: LHX) received today National Fire Protection Association certification for its emergency responder radio solution, the XL Extreme™ 400P radio and XL Extreme Speaker Microphone, validating they meet the most rigorous emergency responder requirements.

L3Harris Emergency Responder Radio Solution Receives NFPA Certification

SALT LAKE CITY--( BUSINESS WIRE )--The U.S. Army Communications-Electronics Command awarded L3Harris Technologies a contract worth up to $886 million to support intelligence, surveillance and reconnaissance capabilities for the Army, Department of Defense and intelligence community.

L3Harris Awarded Potential $886 Million Contract Supporting Enhanced Battlespace ISR

ABM Industries

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Perrigo

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Essential Utilities

Exxon Mobil

Stocks of companies that raise dividends consistently have outperformed during this year's bear market.

10 Dividend Aristocrat stocks expected by analysts to rise up to 54% in 2023

General Electric

Aerojet Rocketdyne Holdings

Industrial conglomerate General Electric Co and defense contractor L3Harris Technologies Inc are among those competing to acquire rocket maker Aerojet Rocketdyne Holdings Inc , according to people familiar with the matter.

Exclusive: General Electric, L3Harris among suitors vying for Aerojet -sources

MELBOURNE, Fla.--( BUSINESS WIRE )--L3Harris Technologies (NYSE:LHX) announced today receiving its first-ever Popular Science “Best of What's New” award for groundbreaking technology that can turn virtually any vehicle with a cargo bed into a mobile weapons system that can engage ground and airborne targets.

L3Harris' VAMPIRE Wins Popular Science “Best of What's New” Tech Award

Boeing

Relying solely on the payout ratio to determine a company's dividend safety is a misguided approach - there are simply too many moving parts. In this article, I discuss different approaches to properly analyze a company's dividend safety, using aerospace and defense companies The Boeing Company and L3Harris Technologies, Inc. as examples.

Boeing Vs. L3Harris: Looking At The Dividend Payout Ratio Was A Fool's Errand

MELBOURNE, Fla.--( BUSINESS WIRE )--L3Harris Technologies (NYSE: LHX) provided the booster, core and upper stage avionics for today's launch of the Artemis I, enabling the safe launch of the Space Launch System and the United States' first steps toward a return to the moon.

L3Harris' Space Avionics Crucial to Successful SLS Artemis I Launch

L3Harris Infrared Weather Forecasting Technology Launches on NOAA Satellite

L3Harris Technologies is back on track despite missing 3Q22 earnings estimates and downgrading its entire guidance. Supply chain issues were behind these downgrades. The good news is that these issues are fading while its contract structure is providing LHX with pricing power.

L3Harris Technologies - Some Great News For Bulls

L3Harris Delivers 10,000th Enhanced Night Vision Goggle-Binocular to the US Army and Receives New Production Order

Garmin

OLATHE, Kan., Nov. 1, 2022 /PRNewswire/ -- Garmin International, Inc., a unit of Garmin Ltd.

Garmin G3000 integrated flight deck selected by L3Harris for USSOCOM Armed Overwatch contract

L3Harris Technologies' (LHX) Q3 revenues of $4,246 million lag the Zacks Consensus Estimate by 4.1%. However, revenues inch up 0.4% from the year-ago quarter's $4,229 million.

L3Harris (LHX) Q3 Earnings Miss Estimates, EPS View Cut

L3Harris Technologies, Inc. (NYSE:LHX ) Q3 2022 Earnings Conference Call October 28, 2022 8:30 AM ET Company Participants Rajeev Lalwani - Vice President, Investor Relations Chris Kubasik - Chief Executive Officer Michelle Turner - Chief Financial Officer Conference Call Participants Sheila Kahyaoglu - Jefferies Robert Stallard - Vertical Research Partners Richard Safran - Seaport Research Partners Doug Harned - Bernstein Scott Deuschle - Credit Suisse David Strauss - Barclays Gautam Khanna - Cowen Peter Arment - Baird Ken Herbert - RBC Capital Markets Ron Epstein - Bank of America Operator Greetings. Welcome to the L3Harris Technologies Third Quarter Calendar Year 2022 Earnings Call.

L3Harris Technologies, Inc. (LHX) Q3 2022 Earnings Call Transcript

L3Harris (LHX) delivered earnings and revenue surprises of -5.23% and 4.13%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

L3Harris (LHX) Q3 Earnings and Revenues Miss Estimates

L3Harris Releases Third Quarter 2022 Financial Update

Raytheon Technologies

OAK BROOK, IL / ACCESSWIRE / October 27, 2022 / Affluence Corporation (AFFU.PK) a leader in Smart City Software and Internet of Things (IoT) technology announced today that OneMind Technologies, SL and its Hypervisor software was listed as one of the top companies in the growing Flight and Situational Awareness Market by Maia Reserch. Maia Research is one of the world's leading international market consulting companies and provides strategic management consulting, market surveys and investment services to the global top 1,000 companies.

Affluence Corporation's OneMind Technologies' Hypervisor Cited as One of the Top Products by Major European Research Group

Northrop Grumman

Raytheon leads defense quarterly earnings with General Dynamics, Northrop Grumman, L3Harris and Booz Allen Hamilton all reporting this week. The post Raytheon Leads Defense Earnings; Northrop Grumman, L3Harris To Report appeared first on Investor's Business Daily.

Raytheon Leads Defense Earnings; Northrop Grumman, L3Harris To Report

L3Harris Recognized as a Top ESG Leader in the Aerospace and Defense Industry

L3Harris' (LHX) third-quarter results are likely to benefit from growth across all its segments, partially weighed down by the impacts of supply-chain challenges.

Will Segmental Performance Aid L3Harris (LHX) Q3 Earnings?

L3Harris Technologies Announces Quarterly Dividend and Share Repurchase Authorization

L3Harris Invests in Seasats to Accelerate Delivery of New, Autonomous Maritime Capabilities to U.S. Navy

L3Harris (LHX) is set to provide Bomb Rack Unit (BRU) 57B replacement parts for F-16 jets.

L3Harris (LHX) Clinches $61M Deal to Supply Bomb Rack Unit

Cramer said that the stock, which he's liked since three years ago, is also particularly attractive right now because it's fairly recession proof.

News for L3Harris Stock (LHX)