L3Harris Likely To Report Decline In Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
L3Harris Technologies (NYSE:LHX) is expected to report a decline in its Q2 earnings with an estimate of $2.94 per share, down from $3.23 per share a year ago. The company's revenue is projected to be $4.37 billion. Several analysts have recently adjusted their price targets for L3Harris, with most maintaining a positive outlook despite the expected earnings drop.
July 26, 2023 | 1:08 pm
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L3Harris Technologies is expected to report a decline in Q2 earnings. Despite this, analysts maintain a positive outlook with adjusted price targets.
The expected decline in Q2 earnings for L3Harris Technologies could potentially impact the company's stock price. However, the maintained positive outlook by several analysts, despite the expected earnings drop, suggests that the impact may be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100