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Valued at a market cap of $55.6 billion, L3Harris Technologies, Inc. (LHX) is an aerospace & defense technology company based in Melbourne, Florida. Its core offerings span communications systems, Intelligence, Surveillance & Reconnaissance (ISR), sensors and avionics, space & airborne systems, electronic warfare, and propulsion systems for both defense and commercial customers. It is scheduled to announce its fiscal Q3 earnings for 2025 before the market opens on Thursday, Oct. 30.
Ahead of this event, analysts expect this aerospace & defense company to report a profit of $2.60 per share, down 22.2% from $3.34 per share in the year-ago quarter. The company has a promising trajectory of consistently beating Wall Street’s earnings estimates in each of the last four quarters. In Q2, LHX’s EPS of $2.78 exceeded the forecasted figure by 12.1%.