Earnings Preview: L3Harris Technologies
Portfolio Pulse from Benzinga Insights
L3Harris Technologies (NYSE:LHX) is set to release its quarterly earnings report on July 26, 2023. Analysts estimate an EPS of $2.94. The company's stock performance has been generally negative over the last 52-week period, with shares down 11.16%. Last quarter, the company beat EPS estimates by $0.28, but this was followed by a 1.44% drop in the share price.
July 25, 2023 | 3:04 pm
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NEGATIVE IMPACT
L3Harris Technologies is expected to report an EPS of $2.94 in its upcoming earnings. The company's shares have been on a downward trend, decreasing by 11.16% over the past year.
The company's stock has been on a downward trend, which may continue if the earnings report does not meet or exceed expectations. Last quarter, despite beating EPS estimates, the share price dropped by 1.44% the following day.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100