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Barchart
Barchart
Kritika Sarmah

What to Expect From L3Harris Technologies’ Next Quarterly Earnings Report

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.  

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