Revenue segments as reported by the company.

Integrated Mission Systems

Space & Airborne Systems

Communication Systems

Aerojet Rocketdyne

Aviation Systems

Corporate eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

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

Engineering, selling and administrative

Business divestiture-related gains (losses)

Impairment of goodwill and other assets

Non-operating income

Interest expense, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Boeing

Booz Allen Hamilton Hld

General Dynamics

General Electric

Honeywell

Leidos Hld

Lockheed Martin

Northrop Grumman

Raytheon Technologies

Recent weeks have witnessed a rising trend among Congress members and other prominent US politicians. They have been strategically investing in military-related stocks, with a keen focus on sectors encompassing defense, energy, and cybersecurity.

These defense stocks are most traded by US Congress

RTX recently told investors what they wanted to hear. Lockheed Martin is the perfect defense stock for dividend investors.

3 Safe Dividend-Paying Defense Stocks to Buy Now

Chevron

Microsoft

AbbVie

Advanced Micro Devices

Bristol-Myers

Comcast

Cisco Systems

Datadog

Southwest Airlines

Newell Brands

ON Semiconductor

Sanofi

Valley National

Vertex Pharmaceuticals

Western Digital

Here are some of the tickers on Jim's radar for Monday, Oct. 30, taken directly from his reporter's notebook:

Here are 16 stocks Jim Cramer is watching, including Microsoft, Chevron, Southwest

L3Harris Technologies, Inc. (NYSE:LHX ) Q3 2023 Earnings Conference Call October 27, 2023 8:30 AM ET Corporate Participants Mark Kratz - Vice President, Investor Relations Chris Kubasik - Chief Executive Officer Michelle Turner - Chief Financial Officer Conference Call Participants Kristine Liwag - Morgan Stanley Gautam Khanna - TD Cowen Noah Poponak - Goldman Sachs Scott Deuschle - Deutsche Bank Jason Gursky - Citi Richard Safran - Seaport Global Research Ken Herbert - RBC Capital Markets Matt Akers - Wells Fargo Seth Seifman - JPMorgan Sheila Kahyaoglu - Jefferies Operator Greetings. Welcome to L3Harris Technologies Third Quarter 2023 Earnings Conference Call.

L3Harris Technologies, Inc. (LHX) Q3 2023 Earnings Call Transcript

L3Harris' (LHX) Q3 revenues of $4,915 million beats the Zacks Consensus Estimate by 2%. Revenues also rise 15.8% from the year-ago quarter?

L3Harris (LHX) Beats on Q3 Earnings, Ups '23 Sales View

Shares of Lockheed Martin NYSE: LMT took flight after a better-than-expected report, and other defense contractors are doing the same. News from Northrup Grumman, the 6th largest by contract obligations, and General Dynamics NYSE: GD #3 have these stocks flying bull flags and set to extend recent rallies to new long-term highs.

Top defense stocks fly bull flags with higher prices in sight

L3Harris (LHX) came out with quarterly earnings of $3.19 per share, beating the Zacks Consensus Estimate of $3.06 per share. This compares to earnings of $3.26 per share a year ago.

L3Harris (LHX) Q3 Earnings and Revenues Top Estimates

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) announced its third quarter fiscal year 2023 results in an Investor Letter posted to the Investor Relations section of the company's website. Christopher E. Kubasik, Chair and CEO, and Michelle Turner, Chief Financial Officer, will host an approximately 45-minute call on Friday, Oct. 27, 2023, at 8:30 a.m. ET, focused on questions and answers. To access the teleconference, participants in the U.S. may call 877-407-6184, while in.

L3Harris Releases Third Quarter 2023 Results

American Electric Power Company

Enterprise Products Partners

Eversource Energy

Evergy Inc

Home Depot

Lowe's

NextEra Energy

SPDR S&P 500 ETF Trust

Tractor Supply

In this series, I rank a selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment. I screened for high-quality stocks with superior growth and income prospects this month. Additionally, I screened for stocks trading below my risk-adjusted Buy Below prices. Of the 713 Dividend Radar stocks, only 18 survived this month's stringent screens.

10 Dividend Growth Stocks For October 2023

Aerojet Rocketdyne Holdings

CNBC's Jim Cramer on Tuesday recommended defense stocks as the U.S. empties its arsenals to aid allies Israel and Ukraine.

Cramer says to invest in defense companies as the U.S. looks to rebuild weapons stockpile

CACI

Defense stocks are back in the spotlight amid rising global geopolitical tensions. The war in Russia and Ukraine was a testament to the rapidly evolving economic and political instability.

The 7 Best Defense Stocks to Buy Now: October 2023

Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas earlier this month.

The Weight of War: What Happened This Week to Oil, Defense Stocks, and Gold.

L3Harris' (LHX) Q3 results are likely to reflect the impact of inflation-induced higher input costs despite the benefits of higher commercial product deliveries and operational improvements.

Will Higher Input Cost Hurt L3Harris (LHX) in Q3 Earnings?

MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE:LHX) declared a quarterly cash dividend of $1.14 per common share, payable Dec. 1, 2023, to shareholders of record as of the close of business on Nov. 17, 2023. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor for the global aerospace and defense industry. With customers' mission-critical needs always in mind, our more than 50,000 employees deliver end-to-end technology solutions co.

L3Harris Declares Quarterly Dividend

Investing in space stocks is no longer science fiction. In fact, Morgan Stanley is forecasting that the global space industry could be valued at over $1 trillion by 2040.

3 Space Stocks That Are Shooting for the Stars

L3Harris Technologies, a relatively young aerospace defense company, is experiencing a worrying trend of declining profitability and increasing debt. While revenue is growing, key financial indicators such as EBIT, EPS, FCF, and ROCE have been declining for three years.

L3Harris: Financial Data Needs Strong Trend Reversal

L3Harris (LHX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

L3Harris (LHX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

L3Harris Technologies is diversifying its business through recent acquisitions, including Aerojet Rocketdyne, to gain entry into missiles and munitions. The company expects its space business and the Aerojet business to drive its growth moving forward. However, LHX's recent acquisitions have not been well-received by buyers, as it fell more than 40% from its highs toward its recent lows.

L3Harris: Why It's Time For Buyers To Catch This Falling Knife

When war breaks out, defense companies tend to make money. That means aerospace and defense stocks tend to rise during geopolitical unrest.

What the Israel-Hamas war means for defense stocks

Last year, total military expenditure increased 3.7% on a year-on-year basis to $2.24 trillion. Further, military spending in Europe saw the steepest increase on a year-on-year basis in the last 30 years.

3 Defense Stocks to Buy as Geopolitical Tensions Intensify

The bloody attack on Israel and inevitable retaliation have turned defense stocks into a gauge of the geopolitical risks perceived by financial markets. For now, it is flashing amber rather than red.

What Defense Stocks Are Saying about a More Violent World

Lockheed Martin, RTX, Boeing and L3Harris Technologies are part of the Zacks top Analyst Blog.

The Zacks Analyst Blog Lockheed Martin, RTX, Boeing and L3Harris Technologies

Huntington Ingalls Industries

Wall Street analysts generally feel the direct impact of the conflict on defense stocks will be small, but will improve the way investors view the sector.

Israel-Hamas War to Change Sentiment on Defense Stocks

iShares U.S. Aerospace & Defense ETF

“History shows” war stocks' rally immediately after geopolitical shocks generally fall flat, according to Bernstein analysts.

U.S. Defense Stocks Surge Nearly $30 Billion After Hamas Attack—Don't Count On It Lasting, Analysts Say

The unprecedented assault by Hamas and the retaliatory strikes from Israel are poised to be beneficial for U.S. defense stocks like LMT, RTX, BA and LHX.

News for L3Harris Stock (LHX)