L3Harris Technologies (LHX) Reports Q3 EPS of $3.21, Offers FY Guidance

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L3Harris Technologies Reports Third Quarter 2021 Results

October 29, 2021 6:30 AM EDT

Orders and revenue Orders of $4.5 billion; funded book-to-bill of 1.07 Revenue of $4.2 billion, down 5% versus prior year, and down 1% on an organic basis; impacted by global electronic component shortages Margins and earnings GAAP net income margin of 11.3%; GAAP earnings per share from continuing operations (EPS) of $2.39, up 20% Non-GAAP adjusted earnings before interest and taxes (EBIT) margin of 19.6%; non-GAAP EPS of $3.21, up 13% Cash flow and capital deployment Operating cash flow of $484 million; adjusted free... More