L3Harris Releases Third Quarter 2022 Financial Update

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Go back to L3Harris Releases Third Quarter 2022 Financial Update

L3Harris Technologies (LHX) PT Lowered to $290 at Jefferies

October 31, 2022 8:36 AM EDT

Jefferies analyst Sheila Kahyaoglu lowered the price target on L3Harris Technologies (NYSE: LHX) to $290.00 (from $300.00) while maintaining a Buy rating.

The analyst commented, "LHX's Q3 results cloud the NT outlook w/ sales up 3%, but the 2022 rev outlook cut 3%... More

L3Harris Technologies (LHX) Misses Q3 EPS by 15c; Lowers Outlook

October 27, 2022 4:14 PM EDT

L3Harris Technologies (NYSE: LHX) reported Q3 EPS of $3.26, $0.15 worse than the analyst estimate of $3.41. Revenue for the quarter came in at $4.25 billion versus the consensus estimate of $4.41 billion.

GUIDANCE:

L3Harris Technologies sees FY2022 EPS of $12.75-$13.00, versus the consensus... More