L3Harris Technologies (LHX) Set to Announce Earnings on Thursday

Key Points

• L3Harris is scheduled to report Q3 2026 results after the market closes on Thursday, October 29, with analysts expecting $2.95 in earnings per share and $5.92 billion in revenue.
• The company exceeded estimates in its latest quarter, reporting $3.13 EPS and $5.88 billion in revenue, with revenue up 8.4% year over year. Full-year 2026 EPS guidance is $11.80–$12.00.
• Analyst sentiment remains moderately bullish, with a consensus price target of $341.71, although several firms recently lowered targets or downgraded the stock. Shares opened at $247.73, well below their 52-week high of $379.23.

L3Harris Technologies (NYSE:LHX - Get Free Report) is expected to be announcing its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect L3Harris Technologies to post earnings of $2.95 per share and revenue of $5.92 billion for the quarter. L3Harris Technologies has set its FY 2026 guidance at 11.800-12.000 EPS. Parties can find conference call details on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:30 AM ET.

L3Harris Technologies (NYSE:LHX - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $3.13 EPS for the quarter, beating the consensus estimate of $2.80 by $0.33. The firm had revenue of $5.88 billion during the quarter, compared to the consensus estimate of $5.81 billion. L3Harris Technologies had a net margin of 8.17% and a return on equity of 10.96%. The company's quarterly revenue was up 8.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.78 earnings per share. On average, analysts expect L3Harris Technologies to post $11.89 EPS for the current fiscal year and $13.45 EPS for the next fiscal year.

L3Harris Technologies Stock Performance

L3Harris Technologies stock opened at $247.73 on Thursday. The company has a current ratio of 1.18, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The firm has a market cap of $46.13 billion, a P/E ratio of 21.80, a P/E/G ratio of 1.55 and a beta of 0.50. L3Harris Technologies has a 1-year low of $232.34 and a 1-year high of $379.23. The firm has a 50-day moving average of $251.77 and a 200-day moving average of $288.08.

Analysts Set New Price Targets

LHX has been the subject of a number of recent analyst reports. UBS Group lowered their price target on L3Harris Technologies from $312.00 to $298.00 and set a "neutral" rating for the company in a research report on Monday, August 3rd. The Goldman Sachs Group dropped their price objective on L3Harris Technologies from $405.00 to $361.00 and set a "buy" rating for the company in a report on Monday, October 12th. Weiss Ratings lowered L3Harris Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, September 10th. Wall Street Zen upgraded L3Harris Technologies from a "hold" rating to a "buy" rating in a research report on Sunday, October 4th. Finally, Jefferies Financial Group cut L3Harris Technologies from a "buy" rating to a "hold" rating and set a $315.00 target price on the stock. in a research note on Wednesday, August 26th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, L3Harris Technologies has an average rating of "Moderate Buy" and a consensus target price of $341.71.

About L3Harris Technologies

L3Harris Technologies, Inc is a technology and defense company that develops products and systems for government and commercial customers. Its offerings support aerospace, defense, space, communications, intelligence, surveillance and reconnaissance, electronic warfare, missile defense, and aviation missions.

The company provides secure communications equipment, tactical radios, sensors, avionics, electronic warfare systems, missile and air defense technologies, space payloads and systems, and other mission-critical solutions.

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