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MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) reported second quarter 2024 diluted EPS of $1.92, on second quarter revenue of $5.3 billion. Second quarter 2024 non-GAAP diluted EPS1 was $3.24, as compared to non-GAAP diluted EPS1 of $2.97 for the second quarter of 2023, a 9% increase. A reconciliation of non-GAAP results are detailed in tables beginning on page 11. "We delivered another strong quarter of financial results with improved margins, reflecting our commitment to.
Analysts expect L3Harris Technologies, Inc. LHX to report second-quarter earnings of $3.18 per share after the closing bell on Thursday, July 25.
Rising interest expenses might have hurt aerospace-defense stocks' Q2 earnings amid mixed delivery impacts. Let's see how LHX, NOC & RTX report.
L3Harris' (LHX) Q2 results are likely to reflect the benefits of strong sales volume growth and favorable synergies from the Aerojet acquisition amid the impact of higher interest expenses.
L3Harris Technologies stock has rallied sharply despite ongoing challenges stemming from supply chain issues and significant acquisitions. Expectations for LHX's Q2 earnings report include strong growth in adjusted EPS and revenue, but these warrant a closer look given the consolidation of Aerojet Rocketdyne in Q3 2023. I also discuss L3Harris' operational rationalization program, expected deleveraging, and the potential for a return to more meaningful dividend growth.
MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE:LHX) has declared a quarterly cash dividend of $1.16 per common share, payable Sept. 20, 2024, to shareholders of record as of the close of business on Sept. 6, 2024. 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, se.
L3Harris (LHX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.
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Underappreciated And Undervalued: Why L3Harris Remains A Dividend Favorite