L3Harris Technologies (LHX) Tops Q2 EPS by 8c, Offers FY Guidance

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L3Harris Reports Strong Second Quarter 2021 Results

August 3, 2021 6:30 AM EDT

Revenue $4.7 billion, up 5.0% versus prior year and 6.2% on an organic1 basis Margins and earnings Net income margin of 8.8%; adjusted earnings before interest and taxes (EBIT) margin3 of 18.6% GAAP earnings per share from continuing operations (EPS) of $2.01, up 55% Non-GAAP EPS3 of $3.26, up 15% Cash flow and capital deployment Operating cash flow of $720 million; adjusted free cash flow (FCF)3 of $685 million Returned $1,057 million to shareholders through $850 million in share... More