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L3Harris (LHX) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended September 2026, L3Harris (LHX - Free Report) reported revenue of $6.06 billion, up 7.1% over the same period last year. EPS came in at $3.28, compared to $2.70 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $5.89 billion, representing a surprise of +2.8%. The company delivered an EPS surprise of +9.7%, with the consensus EPS estimate being $2.99.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

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): $3.09 billion compared to the $2.93 billion average estimate based on two analysts.
  • Revenue- Missile Solutions (MSL): $1.06 billion versus $1.06 billion estimated by two analysts on average.
  • Revenue- Communication & Spectrum Dominance (CSD): $2 billion compared to the $2.11 billion average estimate based on two analysts.
  • Operating Income - Space & Mission Systems (SMS): $338 million compared to the $313 million average estimate based on two analysts.
  • Operating Income - Missile Solutions (MSL): $127 million compared to the $131.5 million average estimate based on two analysts.
  • Operating Income - Communication & Spectrum Dominance (CSD): $502 million versus the two-analyst average estimate of $522.5 million.

View all Key Company Metrics for L3Harris here>>>

Shares of L3Harris have returned +10.1% over the past month versus the Zacks S&P 500 composite's +0.9% 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.

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