WASHINGTON (dpa-AFX) - L3Harris Technologies, Inc. (LHX) reported earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $453 million, or $2.37 per share. This compares with $158 million, or $0.83 per share, last year.
Excluding items, L3Harris Technologies, Inc. reported adjusted earnings of $3.47 per share for the period.
Analysts on average had expected the company to earn $3.42 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.4% to $5.523 billion from $5.340 billion last year.
L3Harris Technologies, Inc. earnings at a glance (GAAP) :
-Earnings: $453 Mln. vs. $158 Mln. last year. -EPS: $2.37 vs. $0.83 last year. -Revenue: $5.523 Bln vs. $5.340 Bln last year.
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