/L3Harris%20Technologies%20Inc%20NY%20office%20building-by%20JHVEPhoto%20via%20iStock.jpg)
L3Harris Technologies, Inc. (LHX) is a major force in the aerospace and defense sector. Headquartered in Melbourne, Florida, the company has a market valuation of $40.2 billion and develops high-tech, mission-critical solutions spanning domains from air and land to space and cyber, serving governments and allied partners around the globe. L3Harris is scheduled to announce its first-quarter earnings on Thursday, Apr. 24, before the market opens.
Ahead of the event, analysts expect L3Harris to report a profit of $2.55 per share, down 16.7% from $3.06 per share in the year-ago quarter. Moreover, the company has consistently surpassed Wall Street’s adjusted EPS projections in each of the past four quarters.