L3Harris (LHX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

L3Harris (LHX) reported $5.52 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 3.4%. EPS of $3.47 for the same period compares to $3.35 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $5.51 billion, representing a surprise of +0.30%. The company delivered an EPS surprise of +1.17%, with the consensus EPS estimate being $3.43.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.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.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- Corporate eliminations: -$43 million compared to the -$49.14 million average estimate based on six analysts. The reported number represents a change of -8.5% year over year. Revenue- Space and Airborne Systems: $1.73 billion versus $1.82 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -4% change. Revenue- Communication Systems: $1.44 billion versus $1.39 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +5.4% change. Revenue- Integrated Mission Systems: $1.77 billion versus the six-analyst average estimate of $1.63 billion. The reported number represents a year-over-year change of +9%. Revenue- Aerojet Rocketdyne: $628 million compared to the $701.13 million average estimate based on five analysts. Segment operating income- Integrated Mission System (IMS): $238 million versus the six-analyst average estimate of $191.18 million. Segment operating income- Communication Systems (CS): $326 million versus $348.41 million estimated by six analysts on average. Segment operating income- Space and Airborne Systems (SAS): $186 million compared to the $222.28 million average estimate based on six analysts. Segment operating income- Aerojet Rocketdyne: $72 million versus the five-analyst average estimate of $83.29 million. View all Key Company Metrics for L3Harris here>>>Shares of L3Harris have returned +0.8% over the past month versus the Zacks S&P 500 composite's +1.2% 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.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report L3Harris Technologies Inc (LHX): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks