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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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

Earnings data Q2 2021

Earnings data Q3 2021

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

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

The aerospace and defense sector has been one of my favorite investment areas for some time, even though the Covid-19 pandemic has been a significant headwind to the commercial aerospace business. I continue to find the defense business attractive as it has several tailwinds that should be supportive of future growth, such as increases in defense spending and long dated contracts.

L3Harris Technologies Remains the Best Value in Aerospace and Defense

Booz Allen Hamilton Hld

Best Buy

Jefferies Financial Group Inc

My own portfolio dedicated to this approach has earned 15% per year.

4 Downright Explosive Dividend Growers To Buy Now

L3Harris reported strong 1Q21 results, which confirmed the company's goal and ability to significantly boost shareholder payout. The company is well-positioned to generate long-term shareholder value and I believe the company will outperform the S&P 500 going forward.

L3Harris - A Gift That Keeps On Giving

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) and Air Tractor have teamed to produce the AT-802U Sky Warden™, an affordable, production-ready aircraft designed for airborne intelligence, surveillance and reconnaissance (ISR) and other missions in extreme combat environments. Sky Warden is based on the rugged and capable Air Tractor AT-802, which features the largest payload capacity of any single engine turboprop aircraft. It hosts L3Harris' world-class family of communicat

L3Harris Technologies and Air Tractor Announce Sky Warden™ ISR Strike Aircraft

L3Harris Technologies' (LHX) Q1 earnings rise 13.6% year over year on operational excellence, integration benefits and a lower share count, net of COVID and divestiture-related impacts.

L3Harris Technologies (LHX) Q1 Earnings Beat, Sales Fall Y/Y

L3Harris Technologies Inc.'s (LHX) CEO Bill Brown on Q1 2021 Results - Earnings Call Transcript

Analysts have provided the following ratings for L3Harris Technologies (NYSE:LHX) within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 0 0 1 Somewhat Bullish 0 1 0 2 Indifferent 0 1 0 0 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 In the last 3 months, 7 analysts have offered 12-month price targets for L3Harris Technologies. The company has an average price target of $218.14 with a high of $235.00 and a low of $200.00.

What 7 Analyst Ratings Have To Say About L3Harris Technologies

L3Harris (LHX) delivered earnings and revenue surprises of 8.90% and 0.27%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

L3Harris (LHX) Beats Q1 Earnings and Revenue Estimates

L3Harris Technologies Inc (NYSE: LHX) reported a first-quarter FY21 revenue decline of 1.3% year on year to $4.6 billion, above the analyst estimate of $4.54 billion. The revenue decline was due to divestitures and pandemic-related impacts on the commercial businesses.

L3Harris Technologies Beats On Q1 Earnings, Issues Positive FY21 Guidance

Shares of L3Harris Technologies (NYSE:LHX) decreased 0.1% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 13.57% year over year to $3.18, which beat the estimate of $2.94.

Recap: L3Harris Technologies Q1 Earnings

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies, Inc. (NYSE:LHX) reported first quarter 2021 revenue of $4.6 billion, down 1.3% versus prior year, and up 1.8% on an organic1 basis. GAAP net income was $466 million, up 140% versus prior year. Adjusted EBIT3 was $862 million, up 6.7% versus prior year, and adjusted EBIT margin3 expanded 140 basis points (bps) to 18.9%. GAAP EPS was $2.25, up 127%, and non-GAAP EPS3 was $3.18, up 14% versus prior year. “Our first quarter results demonstrat

L3Harris Reports Strong First Quarter 2021 Results

L3Harris Technologies' (LHX) Q1 results are expected to reflect benefits of merger related synergies, operational excellence and cost management initiatives

L3Harris (LHX) to Report Q1 Earnings: What's in the Cards?

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) and American Rheinmetall Vehicles have signed a teaming agreement to jointly develop the U.S. Army's new Optionally Manned Fighting Vehicle (OMFV), which will replace the Bradley Infantry Fighting Vehicle. The agreement combines L3Harris' open system design and equipment manufacturing leadership with the maturity and modularity of American Rheinmetall Vehicles' Lynx next-generation fighting vehicle for an OMFV offering that is l

L3Harris Technologies and American Rheinmetall Vehicles Team to Pursue US Army's New Fighting Vehicle

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L3Harris (LHX) has moved higher as of late, but there could definitely be trouble on the horizon for this company

L3Harris (LHX) Enters Overbought Territory

L3Harris is the market leader in ground tactical communications and has a strong franchise in space mission systems and FAA communications.

L3Harris: Market Leadership And Margins Mean Buy

MELBOURNE, Fla.--(BUSINESS WIRE)-- #NASA--L3Harris Technologies Selected for Future US Weather Satellite Imager Design Phase Study (GEO-XO)

L3Harris Technologies Selected for Future US Weather Satellite Imager Design Phase Study

L3Harris Technologies maintained non-GAAP EPS and FCF payout ratios of 29.3% and 30.0% in 2020, and despite the recent 20% dividend increase, these payout ratios won't meaningfully expand in 2021. Despite the challenges faced by many businesses in 2020, L3Harris Technologies posted 2.9% YoY organic revenue growth and an impressive 13.1% YoY growth rate in non-GAAP EPS.

L3Harris Technologies: A Strong Dividend Growth Pick

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) will host a conference call on Friday, April 30, 2021, at 8:30 a.m. Eastern Time (ET) to discuss its first quarter 2021 financial results. The dial-in numbers for the teleconference are (U.S.) 877-407-6184 and (International) 201-389-0877, and participants will be directed to an operator. Please allow at least 10 minutes before the scheduled start time to connect to the teleconference. Participants are encouraged to listen via w

L3Harris Technologies to Announce First Quarter Results on Friday, April 30, 2021

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has been awarded a contract from Lockheed Martin (NYSE:LMT) for development of a new advanced electronic warfare system to protect the international F-16 multirole fighter aircraft against emerging radar and electronic threats. L3Harris designed Viper Shield™ to provide U.S. and global coalition partners with cutting-edge countermeasures against sophisticated, ever-changing threats. The baseline version is integrated into the ai

L3Harris Technologies to Provide Next-Generation Electronic Warfare System for F-16 Multirole Fighter

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Dividend Champion And Contender Highlights: Week Of March 21

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has published its inaugural Sustainability Report, which includes the company's environmental, social and governance (ESG) strategy and metrics to measure progress. The report also provides details on the company's response to COVID-19. “We are committed to delivering value to all stakeholders by driving excellence in environmental sustainability, investing in employees, supporting our communities and ensuring effective governan

L3Harris Technologies Publishes Inaugural Sustainability Report

Is L3Harris Technologies (LHX) a great pick from the value investor's perspective right now? Read on to know more.

Can Value Investors Choose L3Harris Technologies (LHX) Stock?

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L3Harris Technologies (LHX) intends to use the $1.45-billion proceeds from the planned divestitures on share repurchases.

News for L3Harris Stock (LHX)