MELBOURNE, Fla. (AP) — MELBOURNE, Fla. (AP) — L3Harris Technologies, Inc. (LHX) on Thursday reported third-quarter earnings of $462 million.
On a per-share basis, the Melbourne, Florida-based company said it had net income of $2.46. Earnings, adjusted for asset impairment costs and pretax expenses, were $2.70 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.56 per share.
The technology and communications company posted revenue of $5.66 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $5.53 billion.
L3Harris expects full-year earnings in the range of $10.50 to $10.70 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LHX at https://www.zacks.com/ap/LHX
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