Anticipating L3Harris' Financial Disclosure: Key Points to Consider
L3Harris Technologies (LHX), a leading provider of advanced solutions for various operations including space, air, land, sea, and cyber, is set to announce its Q2 2025 earnings on July 24, 2025, before market hours, with an earnings call at 10:30 a.m. ET, accessible via webcast.
In the previous quarter, ending Q1 2025, L3Harris reported a 7% year-over-year increase in adjusted EPS to $2.41, surpassing Wall Street's expectations, although revenue came in slightly below the target ($5.13 billion actual vs. $5.29 billion expected).
Analysts predict LHX to report a profit of $2.48 per share for the second quarter of fiscal 2025, a decline from $3.24 in the same quarter of the previous year. Among 20 analysts covering L3Harris, 15 suggest a "Strong Buy" rating, and five give a "Hold" rating.
The mean price target of L3Harris stands at $262.50, representing a 2.7% premium to current price levels. However, LHX's stock performance has lagged behind the Industrial Select Sector SPDR Fund's (XLI) 23% returns and the S&P 500 Index's 13.4% rise during the same time frame.
L3Harris's strategic positioning, particularly in government contracts and advanced communications technology, has been highlighted by upgrades from major firms such as Goldman Sachs and Citi. Goldman Sachs upgraded LHX to "Buy" with a target of $263 in April 2025, while Citi raised its target to $280 citing strong order momentum and confidence in 2026 results.
The company benefits from robust demand for its defense technologies, as evidenced by recent Department of Defense payments and collaboration with NASA, such as the RS-25 engine test. L3Harris's focus on high-margin communication systems and advanced battlefield integration leveraging AI technologies positions it as a "trusted disruptor" in defense sectors.
Investors are keenly watching for signs of a sales rebound and sustained momentum amid mixed analyst sentiment ahead of the Q2 2025 earnings release. Despite the projected decline, LHX has consistently outperformed Wall Street's bottom-line estimates for four consecutive quarters. Over the past 52 weeks, shares of LHX have gained nearly 13.9%.
For the full fiscal year 2025, analysts forecast LHX to report an EPS of $10.45, a 20.2% decrease from the $13.10 reported in fiscal 2024. L3Harris's revenue for Q1 of fiscal 2025 was $5.1 billion, a 2% annual decline and short of analysts' $5.2 billion target. L3Harris Technologies, Inc. (LHX) has a market cap of approximately $47.4 billion.
Please note that this information is for informational purposes only. For more detailed information, please refer to the website's Disclosure Policy. As of the date of publication, Anushka Mukherjee did not hold positions in any of the securities mentioned in this article.
In the upcoming earnings release on July 24, 2025, L3Harris Technologies is expected to announce its Q2 2025 earnings, with analysts predicting a profit of $2.48 per share. The company's focus on high-margin communication systems and advanced battlefield integration through AI technologies, as well as its strategic positioning in government contracts and advanced communications technology, continue to be key drivers in its finance sector performance.
