L3Harris Reports Strong First Quarter 2021 Results
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UPDATE: L3Harris Technologies (LHX) Tops Q1 EPS by 24c, Revenues Beat; Raises FY21 EPS Guidance, Provides FY21 Revenues Outlook
April 30, 2021 6:35 AM EDT(Updated - April 30, 2021 6:36 AM EDT)
L3Harris Technologies (NYSE: LHX) reported Q1 EPS of $3.18, $0.24 better than the analyst estimate of $2.94. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.54 billion.
Revenue$4.6 billion, down 1.3% versus prior year, up 1.8% on an organic1 basisFunded book-to-bill2 of 1.10Margins and earningsNet income margin of 10.2%; adjusted... More