ET 06:30

L3Harris Raises Full-Year 2026 Outlook After Strong Q3 Results; Shares Slip Pre-Market

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L3Harris Technologies Inc. (LHX) raised its full-year 2026 guidance Thursday after reporting higher third-quarter profit and revenue, though shares fell nearly 1% in pre-market NYSE trading following Wednesday's close of $260.61. The defense and aerospace company now expects full-year earnings per share of $12.25 to $12.35, up from a prior range of $11.80 to $12.00. Revenue guidance was narrowed upward to $23.5 billion to $23.7 billion from $23.2 billion to $23.7 billion. Third-quarter net income rose to $613 million, or $3.28 per share, from $462 million, or $2.46 per share, a year earlier. Revenue increased 7.1% to $6.060 billion from $5.659 billion.

ByTicklex Editorial