L3Harris Technologies, Inc. (LHX) Q4 2020 Earnings Results

L3Harris Technologies Beats on EPS, Stock Down 2.92%

L3Harris Technologies reported a positive EPS surprise, indicating better-than-expected profitability. However, the stock fell by nearly 3% on the day, likely due to the lack of revenue data and guidance. Investors may be cautious as they await more comprehensive insights into future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$3.14	N/A	+2.15%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed confidence in their defense sector performance. They noted the importance of continued investment in technology to drive future growth.

Management highlighted strong performance in defense contracts.

They emphasized ongoing investments in technology and innovation.

There was a focus on maintaining operational efficiency.

L3Harris Technologies Beats on EPS, Stock Down 2.92%

Key numbers

Management commentary

L3Harris Technologies, Inc.

More earnings this week

L3Harris Technologies Beats on EPS, Stock Down 2.92%

Key numbers

Management commentary