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Fly News Breaks for February 12, 2020
LHX
Feb 12, 2020 | 08:23 EDT
Argus analyst John Eade raised his price target on L3Harris Technologies to $255 and kept his Buy rating after its Q4 earnings beat last week. The analyst notes that the company's business trends are positive given the substantial expected increase in military spending over the past few years, while its recent 10% dividend hike signals the confidence of its management in its outlook.
News For LHX From the Last 2 Days
LHX
Apr 25, 2024 | 16:14 EDT
Consensus is $12.71. 2024 adjusted segment operating margin guidance increases from ~15% to greater than 15%.
LHX
Apr 25, 2024 | 16:12 EDT
Reports Q1 revenue $5.21B, consensus $5.11B. "We're off to a strong start to 2024, reporting solid revenue with higher operating margin across all four segments and our Trusted Disruptor strategy continues to drive demand for innovative, resilient and mission-critical solutions aligned with national security needs. We delivered double-digit top line growth while continuing to drive improvements to operational and program performance," said Christopher E. Kubasik, Chair and CEO.