L3Harris Technologies Boosts FY25 Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Thursday, defense contractor L3Harris Technologies, Inc. (LHX) raised its adjusted earnings and revenue guidance for the full-year 2025, based on strong performance and improved expectations.

For fiscal 2025, the company now projects adjusted earnings in the range of $10.40 to $10.60 per share on total revenue of about $21.75 billion.

Previously, the company expected adjusted earnings in a range of $10.30 to $10.50 per share on total revenue between $21.4 billion and $21.7 billion.

On average, analysts polled expect the company to report earnings of $10.50 per share on revenues of $21.59 billion for the year. Analysts' estimates typically exclude special items.

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