L3Harris Technologies Sees FY24 Adj. EPS $12.40-$12.80 Vs $14.08 Estimate, $12.70-$13.05 Prior
Portfolio Pulse from Benzinga Newsdesk
L3Harris Technologies has revised its FY24 adjusted EPS forecast to $12.40-$12.80, down from the previous range of $12.70-$13.05 and below the analyst estimate of $14.08.
April 25, 2024 | 8:13 pm
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L3Harris Technologies has adjusted its FY24 EPS guidance downwards, now expecting $12.40-$12.80, below the prior forecast and analyst estimates.
The downward revision of L3Harris Technologies' FY24 EPS guidance suggests potential challenges ahead, possibly due to operational or market factors. This adjustment, especially being below the analyst estimates, could lead to negative investor sentiment in the short term, impacting the stock price negatively.
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