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L3Harris (LHX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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L3Harris (LHX - Free Report) reported $5.88 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 8.4%. EPS of $3.13 for the same period compares to $2.78 a year ago.
The reported revenue represents a surprise of +1.5% over the Zacks Consensus Estimate of $5.79 billion. With the consensus EPS estimate being $2.80, the EPS surprise was +11.79%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how L3Harris performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Space & Mission Systems (SMS): $2.97 billion compared to the $2.91 billion average estimate based on three analysts.
Revenue- Corporate eliminations: $-82 million versus the three-analyst average estimate of $-131.5 million.
Revenue- Missile Solutions (MSL): $1.05 billion versus $1.05 billion estimated by three analysts on average.
Revenue- Communication & Spectrum Dominance (CSD): $1.94 billion compared to the $1.97 billion average estimate based on three analysts.
Operating Income - Space & Mission Systems (SMS): $290 million versus the two-analyst average estimate of $301.5 million.
Operating Income - Missile Solutions (MSL): $130 million versus the two-analyst average estimate of $131.5 million.
Operating Income - Communication & Spectrum Dominance (CSD): $522 million versus $493.5 million estimated by two analysts on average.
Shares of L3Harris have returned +5% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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L3Harris (LHX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
L3Harris (LHX - Free Report) reported $5.88 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 8.4%. EPS of $3.13 for the same period compares to $2.78 a year ago.
The reported revenue represents a surprise of +1.5% over the Zacks Consensus Estimate of $5.79 billion. With the consensus EPS estimate being $2.80, the EPS surprise was +11.79%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how L3Harris performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for L3Harris here>>>
Shares of L3Harris have returned +5% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.