LHX Stock Recent News

Despite a 2% stock price decline, L3Harris Technologies remains a buy due to its strong market position and better performance than the S&P 500. The company's diverse segments, particularly Communication Systems, show significant growth potential, with a focus on cyber, ISR, and hypersonics. First quarter earnings reveal mixed results, with overall sales down but profits growing, particularly in Communication Systems and Aerojet Rocketdyne.

L3Harris Technologies, Inc. (NYSE:LHX ) Q1 2025 Earnings Conference Call April 24, 2025 10:30 AM ET Company Participants Dan Gittsovich – Vice President-Investor Relations Chris Kubasik – Chair and Chief Executive Officer Ken Bedingfield – Senior Vice President, Chief Financial Officer and President-Aerojet Rocketdyne Conference Call Participants Seth Seifman – J.P. Morgan Ronald Epstein – Bank of America Doug Harned – Bernstein Sheila Kahyaoglu – Jefferies Matt Akers – Wells Fargo Noah Poponak – Goldman Sachs Robert Stallard – Vertical Research Partners Myles Walton – Wolfe Research Jason Gursky – Citigroup Michael Ciarmoli – Truist Securities Peter Arment - Baird Operator Greetings.

LHX's Q1 revenues of $5.13 billion miss the Zacks Consensus Estimate by 1.9% and decline 1.5% year over year.

The headline numbers for L3Harris (LHX) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

L3Harris (LHX) came out with quarterly earnings of $2.41 per share, beating the Zacks Consensus Estimate of $2.32 per share. This compares to earnings of $3.06 per share a year ago.

U.S. defense contractor L3Harris Technologies on Thursday cut its full-year profit and revenue forecasts after missing quarterly sales expectations, citing decreased volumes in its space unit and the divestment of its aviation solutions business.

LHX's Q1 results are expected to reflect robust top-line performance from three of its four business segments.

L3Harris (LHX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Beyond analysts' top -and-bottom-line estimates for L3Harris (LHX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.

MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE: LHX) has declared a quarterly cash dividend of $1.20 per common share, payable June 18, 2025, to shareholders of record as of the close of business on June 3, 2025. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers' mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea.