L3Harris Closes Out 2023 On High Note
L3Harris posted solid results in the fourth quarter, with its earnings per share coming in slightly ahead of Wall Street’s estimate.
Credit: Alamy Stock Photo
L3Harris’s revenue jumped 17% annually in the fourth quarter to $5.3 billion, while adjusted earnings per share of $3.35 were about 1% ahead of consensus estimates. Investors reacted positively to the news, with the company’s shares up about 5% and trading as of midday on Jan. 26 at $209.54. Roughly...
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