L3Harris Technologies Sees 2024 Rev About $21B, Sees 2024 Free Cash Flow About $2.2B
Portfolio Pulse from Benzinga Newsdesk
L3Harris Technologies projects its 2024 revenue to be around $21 billion and anticipates generating approximately $2.2 billion in free cash flow for the same year, according to Reuters.
December 12, 2023 | 6:18 pm
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POSITIVE IMPACT
L3Harris Technologies expects to achieve $21 billion in revenue and $2.2 billion in free cash flow by 2024, signaling potential growth and financial health.
The projection of significant revenue and free cash flow for 2024 suggests that L3Harris Technologies is expecting growth and strong financial performance. This positive outlook is likely to be well-received by investors and could lead to an increase in the stock price in the short term as it reflects confidence in the company's future profitability and cash generation capabilities.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100