L3Harris: This autumn Earnings Snapshot

MELBOURNE, Fla. (AP) _ L3Harris Applied sciences, Inc. (LHX) on Thursday reported fourth-quarter earnings of $416 million.

On a per-share foundation, the Melbourne, Florida-based firm stated it had revenue of $2.17. Earnings, adjusted for amortization prices and prices associated to mergers and acquisitions, have been $3.27 per share.

The outcomes topped Wall Avenue expectations. The typical estimate of seven analysts surveyed by Zacks Funding Analysis was for earnings of $3.21 per share.

The expertise and communications firm posted income of $4.58 billion within the interval, additionally topping Avenue forecasts. Six analysts surveyed by Zacks anticipated $4.33 billion.

For the yr, the corporate reported revenue of $1.06 billion, or $5.49 per share. Income was reported as $17.06 billion.

L3Harris expects full-year earnings within the vary of $12 to $12.50 per share, with income within the vary of $17.4 billion to $17.8 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks stock report on LHX at https://www.zacks.com/ap/LHX

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