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LHX

L3harris Technologies Inc

$238.14

Earnings Summary

Revenue
$5211Mn
Net Profits
$283Mn
Net Profit Margins
5.43%
PE Ratio
38.17

Highlights

Revenue:

L3harris Technologies Inc’s revenue jumped 16.55% since last year same period to $5211Mn in the Q1 2024. On a quarterly growth basis, L3harris Technologies Inc has generated -2.42% fall in its revenue since last 3-months.

Net Profits:

L3harris Technologies Inc’s net profit fell -16.02% since last year same period to $283Mn in the Q1 2024. On a quarterly growth basis, L3harris Technologies Inc has generated 79.11% jump in its net profits since last 3-months.

Net Profit Margins:

L3harris Technologies Inc’s net profit margin fell -27.95% since last year same period to 5.43% in the Q1 2024. On a quarterly growth basis, L3harris Technologies Inc has generated 83.55% jump in its net profit margins since last 3-months.

PE Ratio:

L3harris Technologies Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 38.17.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the L3harris Technologies Inc post its latest quarter earnings

EPS Estimate Current Quarter
3.18
EPS Estimate Current Year
3.18

Highlights

EPS Estimate Current Quarter:

L3harris Technologies Inc’s earning per share (EPS) estimates for the current quarter stand at 3.18 - a 9.66% 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 3.18.

Key Ratios

Key ratios of the L3harris Technologies Inc post its Q1 2024 earnings

Earning Per Share (EPS)
3.06
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.06
Dividend Per Share (DPS)
1.16

Highlights

Earning Per Share (EPS):

L3harris Technologies Inc’s earning per share (EPS) jumped 6.99% since last year same period to 3.06 in the Q1 2024. This indicates that the L3harris Technologies Inc has generated 6.99% annual rate of jump 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 0.04.

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 0.06.

Dividend Per Share (DPS):

L3harris Technologies Inc declared 1.16 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-26
2.9
3.06
5.52%