L3Harris Technologies Earnings Preview
Portfolio Pulse from Benzinga Insights
L3Harris Technologies (NYSE:LHX) is expected to report an EPS of $3.32 in its upcoming quarterly earnings on January 25, 2024. Investors are looking for an earnings beat and positive guidance for future growth. Historically, LHX's stock price has shown varied reactions to past earnings performances, with both increases and decreases in share price following earnings reports. Shares are currently trading at $206.09, with a 4.87% increase over the last 52 weeks.
January 24, 2024 | 5:01 pm
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NEUTRAL IMPACT
L3Harris Technologies is anticipated to report an EPS of $3.32. Investors are focused on earnings beat and future guidance. Past earnings have led to mixed stock reactions. Shares have risen 4.87% over the past year.
The expected EPS of $3.32 sets a benchmark for L3Harris Technologies' performance. While an earnings beat could positively influence the stock, the company's future guidance will likely have a more significant impact. Historical data shows that the stock price can fluctuate after earnings reports, regardless of whether the EPS beats or misses estimates. The 4.87% year-to-date increase in share price indicates a positive trend, but investor sentiment post-earnings will depend on the actual results and future outlook provided by the company.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100