Earnings Summary

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.

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.

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.

L3harris Technologies Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 38.44.

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.

L3harris Technologies Inc’s earning per share (EPS) estimates for the current year stand at 3.18.

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) 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.

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.

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