earnings
confidence high
sentiment positive
materiality 0.75
L3Harris Q2 revenue up 13% to $5.3B; raises 2024 guidance across revenue, margin, EPS
L3HARRIS TECHNOLOGIES, INC. /DE/
2024-Q2 EPS reported
$3.40
revenue$10,510,000,000
- Q2 orders $5.2B; book-to-bill of 1.0x.
- Revenue $5.3B (+13% YoY); GAAP diluted EPS $1.92; non-GAAP diluted EPS $3.24 (+9% YoY).
- Adjusted segment operating margin 15.6%; total operating margin 9.0%.
- 2024 revenue guidance raised to $21.0B-$21.3B from $20.8B-$21.3B.
- 2024 non-GAAP EPS guidance raised to $12.85-$13.15 from $12.70-$13.05.