L3Harris: Q3 Earnings Snapshot
By AP News
Published - Oct 24, 2024, 04:15 PM ET
Last Updated - Dec 16, 2024, 06:00 PM EST
MELBOURNE, Fla. (AP) — MELBOURNE, Fla. (AP) — L3Harris Technologies, Inc. (LHX) on Thursday reported third-quarter net income of $400 million.
The Melbourne, Florida-based company said it had net income of $2.10 per share. Earnings, adjusted for one-time gains and costs, were $3.34 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.27 per share.
The technology and communications company posted revenue of $5.29 billion in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $5.32 billion.
