L3Harris Technologies Q2 Earnings: EPS Beat, Revenue Up 13%, Guidance Raise And More
Portfolio Pulse from Adam Eckert
L3Harris Technologies Inc (NYSE:LHX) reported strong Q2 earnings with a 13% revenue increase and an EPS beat. The company raised its full-year revenue and earnings guidance, reflecting operational improvements and efficiency gains.
July 25, 2024 | 8:37 pm
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L3Harris Technologies reported a 13% increase in Q2 revenue and an EPS beat. The company raised its full-year revenue and earnings guidance, indicating strong operational performance and efficiency improvements.
The 13% revenue increase and EPS beat are positive indicators of the company's financial health. Raising full-year guidance further boosts investor confidence, likely leading to a short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100