A Preview Of L3Harris Technologies's Earnings

L3Harris Technologies LHX is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the announcement.

Analysts estimate that L3Harris Technologies will report an earnings per share (EPS) of $2.98.

L3Harris Technologies bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed EPS by $0.25, which was followed by a 1.61% drop in the share price the next day.

Here's a look at L3Harris Technologies's past performance and the resulting price change: