Equity Profile

LHX

L3Harris Technologies, Inc.

IndustrialsAerospace & Defense$58.7B

Apr30Thu

Post-Earnings Recap

ReportedQ1-2026Pre-Market6:55 AM EDT

L3Harris Technologies Beats on EPS, Stock Down 0.26%

Metric	Actual	Expected	Surprise
EPS	$2.72	$2.57	+7.55%
Revenue	N/A	$5.4B	N/A

management commentary, guidance changes, and full analysis available with Pro.

L3Harris Technologies Beats on EPS, Stock Down 0.26%

Key Numbers

Metric	Actual	Expected	Surprise
EPS	$2.72	$2.57	+7.55%
Revenue	N/A	$5.4B	N/A

Management Commentary

Tone: Unknown

No transcript is on record, and the analysis is based on numerical results only.

What It Means

L3Harris Technologies reported better-than-expected earnings per share, which indicates strong performance in that area. However, the stock reacted negatively, declining by 0.26%. The lack of revenue data and management commentary may have contributed to investor uncertainty.

Company Snapshot

L3Harris Technologies, Inc. (LHX) operates in the aerospace and defense sector, providing advanced technology solutions for government and commercial customers....

Key Metrics to Watch

EPS

Earnings per share (EPS) is a key indicator of profitability and will show how well L3Harris is managing costs and generating income.

$2.57

Revenue

Total revenue reflects the company's sales performance and demand for its products and services, which is vital for growth.

$5.4B

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

L3Harris Technologies, Inc. (LHX) operates in the aerospace and defense sector, providing advanced technology solutions for government and commercial customers. With a market cap of $60 billion, the company is significant in areas like communication systems, electronic warfare, and air traffic management, which are crucial for national security and infrastructure.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+4.71%

Avg Stock Reaction

+0.62%

Last Quarter Recap

In Q4-2025, L3Harris reported an EPS of $2.86, exceeding expectations by 3.59%. However, the stock saw a slight decline of 1.19% the following day.

Management Promises & Guidance

Continue focusing on operational efficiency.
Expand into new markets and technologies.
Maintain strong relationships with government clients.

Expectations

Wall Street Expectations

Analysts expect L3Harris to report solid earnings, with a consensus EPS of $2.57 and revenue of $5.4 billion. The company has a strong track record of beating earnings estimates.

Bull Case

If L3Harris exceeds the EPS estimate, it could signal strong demand and effective cost management, potentially leading to a positive stock reaction.

Bear Case

If the company misses earnings expectations, it may raise concerns about future growth and profitability, leading to a negative market reaction.

Key Metrics to Watch

EPS

$2.57

Earnings per share (EPS) is a key indicator of profitability and will show how well L3Harris is managing costs and generating income.

Revenue

$5.4B

Total revenue reflects the company's sales performance and demand for its products and services, which is vital for growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will L3Harris achieve an EPS above $2.57?

A beat on EPS would reinforce the company's operational efficiency and demand strength, potentially boosting investor confidence.

What is the outlook for revenue growth in key segments?

Insights into revenue growth will indicate how well L3Harris is positioned to capture market opportunities and manage competition.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate L3Harris's ability to outperform due to strong demand in defense spending, which could lead to better-than-expected results.

Supporting Evidence

L3Harris has consistently beaten EPS estimates in recent quarters.

The options market is pricing a larger move than historical averages suggest, indicating potential for a surprise.

Recent defense contracts may not be fully reflected in analyst expectations.

Key Risk

If revenue growth in key segments falls below expectations, it could challenge the bullish consensus.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is weighing L3Harris's ability to maintain its growth trajectory against potential challenges in the aerospace and defense sectors.

Bull Confirmed If

Exceeding EPS of $2.57 and showing strong revenue growth would confirm the bull case.

Bear Confirmed If

Falling short of the $2.57 EPS estimate would raise concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±4.36%

Historical Avg

±1.2%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±4.4% while LHX has averaged ±1.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.7%

30d HV

21.7%

Calls (45K)P/C Ratio: 0.93Puts (34K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If L3Harris beats expectations, history suggests a positive stock reaction, averaging a +0.63% move.

In-Line / Cautious

An in-line result could lead to a muted response, with management commentary driving the stock's direction.

Miss

A miss on earnings could result in a decline, with historical data suggesting an average drop of -0.02% following misses.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

R-GARichard Dean Dr McCormickRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new defense contracts or government spending.
2Insights into operational efficiencies and cost management.
3Comments on market demand for aerospace and defense technologies.
4Guidance on revenue growth expectations for the upcoming quarters.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Apr27

VZReported

Verizon Communications Inc.

Congress activity

RecapView

Company Snapshot

L3Harris Technologies, Inc. (LHX) operates in the aerospace and defense sector, providing advanced technology solutions for government and commercial customers....

Key Metrics to Watch

EPS

Earnings per share (EPS) is a key indicator of profitability and will show how well L3Harris is managing costs and generating income.

$2.57

Revenue

Total revenue reflects the company's sales performance and demand for its products and services, which is vital for growth.

$5.4B

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+4.71%

Avg Stock Reaction

+0.62%

Last Quarter Recap

In Q4-2025, L3Harris reported an EPS of $2.86, exceeding expectations by 3.59%. However, the stock saw a slight decline of 1.19% the following day.

Management Promises & Guidance

Continue focusing on operational efficiency.
Expand into new markets and technologies.
Maintain strong relationships with government clients.

Expectations

Wall Street Expectations

Analysts expect L3Harris to report solid earnings, with a consensus EPS of $2.57 and revenue of $5.4 billion. The company has a strong track record of beating earnings estimates.

Bull Case

If L3Harris exceeds the EPS estimate, it could signal strong demand and effective cost management, potentially leading to a positive stock reaction.

Bear Case

If the company misses earnings expectations, it may raise concerns about future growth and profitability, leading to a negative market reaction.

Key Metrics to Watch

EPS

$2.57

Earnings per share (EPS) is a key indicator of profitability and will show how well L3Harris is managing costs and generating income.

Revenue

$5.4B

Total revenue reflects the company's sales performance and demand for its products and services, which is vital for growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will L3Harris achieve an EPS above $2.57?

A beat on EPS would reinforce the company's operational efficiency and demand strength, potentially boosting investor confidence.

What is the outlook for revenue growth in key segments?

Insights into revenue growth will indicate how well L3Harris is positioned to capture market opportunities and manage competition.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate L3Harris's ability to outperform due to strong demand in defense spending, which could lead to better-than-expected results.

Supporting Evidence

L3Harris has consistently beaten EPS estimates in recent quarters.

The options market is pricing a larger move than historical averages suggest, indicating potential for a surprise.

Recent defense contracts may not be fully reflected in analyst expectations.

Key Risk

If revenue growth in key segments falls below expectations, it could challenge the bullish consensus.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is weighing L3Harris's ability to maintain its growth trajectory against potential challenges in the aerospace and defense sectors.

Bull Confirmed If

Exceeding EPS of $2.57 and showing strong revenue growth would confirm the bull case.

Bear Confirmed If

Falling short of the $2.57 EPS estimate would raise concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±4.36%

Historical Avg

±1.2%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±4.4% while LHX has averaged ±1.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.7%

30d HV

21.7%

Calls (45K)P/C Ratio: 0.93Puts (34K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If L3Harris beats expectations, history suggests a positive stock reaction, averaging a +0.63% move.

In-Line / Cautious

An in-line result could lead to a muted response, with management commentary driving the stock's direction.

Miss

A miss on earnings could result in a decline, with historical data suggesting an average drop of -0.02% following misses.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

R-GARichard Dean Dr McCormickRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new defense contracts or government spending.
2Insights into operational efficiencies and cost management.
3Comments on market demand for aerospace and defense technologies.
4Guidance on revenue growth expectations for the upcoming quarters.