L3Harris Reports Strong Fourth Quarter and Second Half Results; Well-Positioned on EPS and FCF in 2020

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L3Harris Technologies (LHX) Tops Q4 EPS by 7c; Initiates FY20 EPS Mid-Point Guidance Above Consensus

February 4, 2020 6:34 AM EST

L3Harris Technologies (NYSE: LHX) reported Q4 EPS of $2.85, $0.07 better than the analyst estimate of $2.78. Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.81 billion.

4Q19 revenue $4.8 billion; up 190% GAAP and 10% versus prior-year combined14Q19 GAAP EPS from continuing operations down 6% to $1.77; non-GAAP2 up 28% versus prior-year combined to $2.854Q19 operating cash flow of $858 million and adjusted... More