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LHX

L3Harris Technologies Inc

$239.97

Earnings Summary

Revenue
$4135Mn
Net Profits
$471Mn
Net Profit Margins
11.39%
PE Ratio
24.56

Highlights

Revenue:

L3Harris Technologies Inc’s revenue fell -11.42% since last year same period to $4135Mn in the Q2 2022. On a quarterly growth basis, L3Harris Technologies Inc has generated 0.78% jump in its revenue since last 3-months.

Net Profits:

L3Harris Technologies Inc’s net profit jumped 14.04% since last year same period to $471Mn in the Q2 2022. On a quarterly growth basis, L3Harris Technologies Inc has generated -0.84% fall in its net profits since last 3-months.

Net Profit Margins:

L3Harris Technologies Inc’s net profit margin jumped 28.74% since last year same period to 11.39% in the Q2 2022. On a quarterly growth basis, L3Harris Technologies Inc has generated -1.61% fall in its net profit margins since last 3-months.

PE Ratio:

L3Harris Technologies Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 24.56.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the L3Harris Technologies Inc post its latest quarter earnings

EPS Estimate Current Quarter
3.36
EPS Estimate Current Year
3.36

Highlights

EPS Estimate Current Quarter:

L3Harris Technologies Inc’s earning per share (EPS) estimates for the current quarter stand at 3.36 - a 5.66% jump from last quarter’s estimates.

EPS Estimate Current Year:

L3Harris Technologies Inc’s earning per share (EPS) estimates for the current year stand at 3.36.

Key Ratios

Key ratios of the L3Harris Technologies Inc post its Q2 2022 earnings

Earning Per Share (EPS)
3.23
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.1
Dividend Per Share (DPS)
4.28

Highlights

Earning Per Share (EPS):

L3Harris Technologies Inc’s earning per share (EPS) fell -0.92% since last year same period to 3.23 in the Q2 2022. This indicates that the L3Harris Technologies Inc has generated -0.92% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. L3Harris Technologies Inc’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. L3Harris Technologies Inc’s return on equity (ROE) stands at 0.1.

Dividend Per Share (DPS):

L3Harris Technologies Inc declared 4.28 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-29
3.18
3.23
1.57%
2022-04-29
3.05
3.12
2.3%

Company Information

L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers' mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than 100 countries.

Organisation
L3Harris Technologies Inc
Headquarters
Melbourne, Florida, US
Employees
2.02K
Industry
Telecommunications Equipment
CEO
William Brown