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L3Harris Technologies, Inc. (LHX) reported a profit for its first quarter that climbed from the same period last year.


RTTNews | Apr 30, 2021 06:44AM EDT

06:44 Friday, April 30, 2021 (RTTNews.com) - L3Harris Technologies, Inc. (LHX) reported a profit for its first quarter that climbed from the same period last year.

The company's profit came in at $466 million, or $2.25 per share. This compares with $194 million, or $0.99 per share, in last year's first quarter.

Analysts had expected the company to earn $2.94 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.3% to $4.57 billion from $4.63 billion last year.

L3Harris Technologies, Inc. earnings at a glance:

-EPS (Q1): $3.18 vs. $2.80 last year.-Analysts Estimate: $2.94-Revenue (Q1): $4.57 Bln vs. $4.63 Bln last year.

-Guidance:Full year EPS guidance: $12.70 - $13.00Full year revenue guidance: $18.5 - $18.9 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3190300/l3harris-technologies-inc-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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