L3Harris Technologies (NYSE: LHX) is set to announce its financial results for the third quarter of 2024 on Thursday 24th October 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
Financial experts on Wall Street anticipate that the establishment is set to announce an estimated $3.26 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $5.28 billion for this specific period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $21.25 billion. Additionally, they are expecting the company to achieve per share profit of $13.04 for the fiscal year.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $3.19. Additionally, the company achieved a total revenue of $4.92 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.24 | +9.1% | 5.30 B | +12.9% |
| Q1 2024 | $3.06 | +7.0% | 5.21 B | +16.6% |
| Q4 2023 | $3.35 | +2.4% | 5.34 B | +16.6% |
| Q3 2023 | $3.19 | -2.1% | 4.92 B | +15.8% |
| Q2 2023 | $2.97 | -8.0% | 4.69 B | +13.5% |
| *Growth on year-over-year basis | ||||
LHX will host a conference call with investment community on 25th October 2024 at 08:30 AM eastern time to discuss the financial results.
L3Harris Technologies (LHX) shares experienced a range of $242.74 to $247.85 on a day volume of 534.70 thousand shares. The stock closed Tuesday's regular trading session at $244.93, showing a 1.3 percent decline.
