L3Harris Technologies (LHX) Tops Q4 EPS by 44c; Guides for FY22
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L3Harris Technologies Reports Fourth Quarter and 2021 Results; Initiates 2022 Guidance
January 31, 2022 6:30 AM ESTOrders and revenue 2021 orders of $18.1 billion; funded book-to-bill of 1.02 Q4 revenue of $4.4 billion, down 7% versus prior year, and down 1% on an organic basis; 2021 revenue of $17.8 billion, down 2% versus prior year, and up 2% on an organic basis Margins and earnings Q4 GAAP net income margin of 11.1%, and GAAP earnings per share from continuing operations (EPS) of $2.46; 2021 GAAP net income margin of 10.3%, and GAAP EPS of $9.09 Q4 non-GAAP adjusted earnings before interest and taxes (EBIT) margin of 19.2%, and non-GAAP EPS of $3.30; 2021... More
