The Latest Breaking News from L3Harris Technologies

L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 5 years by 7.09% on an annualized basis producing an average annual return of 16.47%. Currently, L3Harris Technologies has a market capitalization of $45.82 billion.

L3Harris Technologies's (NYSE:LHX) short percent of float has risen 5.65% since its last report. The company recently reported that it has 2.52 million shares sold short, which is 1.31% of all regular shares that are available for trading.

L3Harris Technologies (NYSE:LHX) reported its Q1 earnings results on Thursday, April 28, 2022 at 04:30 PM. Here's what investors need to know about the announcement.

L3Harris Technologies (NYSE:LHX) is set to give its latest quarterly earnings report on Thursday, 2022-04-28. Here's what investors need to know before the announcement. Analysts estimate that L3Harris Technologies will report an earnings per share (EPS) of $2.85.

L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 5 years by 5.41% on an annualized basis.

Over the past 3 months, 7 analysts have published their opinion on L3Harris Technologies (NYSE:LHX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Within the last quarter, L3Harris Technologies (NYSE:LHX) has observed the following analyst ratings:

Wells Fargo analyst Matthew Akers lowered L3Harris Technologies Inc's (NYSE:LHX) price target to $240 (an upside of 15%) from $254 and maintained an Overweight rating on the shares.  Akers notes the stock trades at a discount to its defense peers despite his belief that it is a portfolio well-matched to Department of Defense spending priorities…

L3Harris Technologies Inc (NYSE:LHX) reported a fourth-quarter FY21 revenue decline of 7% year-over-year to $4.35 billion and decreased 1% on an organic basis. The revenue decline was attributable to divestitures within Aviation Systems and supply chain-related constraints within Communication Systems. Integrated Mission Systems revenue was $1.56 billion (+6% Y/Y) and an operating margin…