LHX
$237.66
L3Harris Technologies
$3.83
1.64%
Earnings Details
1st Quarter March 2022
Thursday, April 28, 2022 4:05:00 PM
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Summary

L3Harris Technologies Beats

L3Harris Technologies (LHX) reported 1st Quarter March 2022 earnings of $3.12 per share on revenue of $4.1 billion. The consensus earnings estimate was $3.02 per share on revenue of $3.8 billion. The Earnings Whisper number was $3.10 per share. Revenue fell 10.2% compared to the same quarter a year ago.

The company said in its earnings presentation it continues to expect 2022 earnings of $13.35 to $13.65 per share on revenue of $17.30 billion to $17.70 billion. The current consensus earnings estimate is $13.57 per share on revenue of $16.23 billion for the year ending December 31, 2022.

L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs.

Results
Reported Earnings
$3.12
Earnings Whisper
$3.10
Consensus Estimate
$3.02
Reported Revenue
$4.10 Bil
Revenue Estimate
$3.84 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

L3Harris Releases First Quarter 2022 Financial Results

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) today announced its first quarter fiscal year 2022 results in an Investor Letter, which was posted to the Investor Relations section of the company’s website.

As previously announced, the company will host an approximately 45 minute call on April 29, 2022 at 8:30 a.m. ET focused on questions and answers. The dial-in numbers for the teleconference are (U.S.) 877-407-6184 and (International) 201-389-0877, and participants will be directed to an operator. Please allow at least 10 minutes before the scheduled start time to connect to the teleconference. Participants can also listen via webcast at L3Harris.com.

A recording of the call will be available on L3Harris.com beginning at approximately 12 p.m. ET on April 29.

About L3Harris Technologies

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 space, air, land, sea and cyber domains. L3Harris has more than $17 billion in annual revenue and 47,000 employees, with customers in more than 100 countries. L3Harris.com.

Rajeev Lalwani
Investor Relations
Rajeev.Lalwani@L3Harris.com
321-727-9383

Jim Burke
Media Relations
Jim.Burke@L3Harris.com
321-727-9131

Source: L3Harris Technologies