L3Harris Reports Strong Harris Standalone Fourth Quarter and Fiscal 2019 Results...Initiates L3Harris Calendar Year 2019 Guidance

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Go back to L3Harris Reports Strong Harris Standalone Fourth Quarter and Fiscal 2019 Results...Initiates L3Harris Calendar Year 2019 Guidance

L3Harris Technologies (LHX) PT Raised to $232 at SunTrust

August 1, 2019 4:15 AM EDT

SunTrust analyst Michael Ciarmoli raised the price target on L3Harris Technologies (NYSE: LHX) to $232.00 (from $220.00) while maintaining a Buy rating.

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L3Harris Technologies (LHX) Reports Q4 EPS of $2.44; Provides 2H19 & FY19 EPS/Revenue Outlook

July 31, 2019 6:38 AM EDT

L3Harris Technologies (NYSE: LHX) reported Q4 EPS of $2.44, versus $1.76 reported last year. Revenue for the quarter came in at $1.87 billion, versus $1.86 billion reported last year.

4Q19 revenue up 12% to $1.9 billion; book-to-bill 1.024Q19 GAAP EPS from continuing operations up 28% to $2.21; non-GAAP1 up 39% to $2.44FY19 revenue up 10% to $6.8 billion; GAAP EPS from continuing operations up 37% to $7.89; non-GAAP1 up 30% to $8.29FY19 operating cash flow of $1,185 million; adjusted free cash flow2 up 15% to $1,055 millionCompleted merger to form L3Harris Technologies... More