BUZZ-L3Harris falls after cutting 2025 earnings forecasts

Reuters

Apr 24, 2025

** U.S. defense contractor L3Harris Technologies LHX.N shares fall 2% to $212 premarket trading

** Co cuts annual earnings forecasts after missing quarterly sales expectations, hurt by decreased volumes in its space unit and the divestment of its aviation solutions business

** Florida-based co expects an adj. profit of between $10.30 and $10.50/share in 2025, lower than its previous forecast of $10.55 to $10.85/share

** LHX posts Q1 adj. EPS of $2.41, compared with expectations of $2.32, according to data compiled by LSEG

** Co reports Q1 total revenue of $5.13 bln, lower than estimate of about $5.22 bln

** 18 of 24 brokerages rate the stock "buy" or higher, 6 "hold"; their median PT is $253

** As of last close, stock had risen 2.9% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2529933526"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2529933526\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2529933526?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-24 21:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2529933526","market":"us","top_or_hot":-1,"title":"BUZZ-L3Harris falls after cutting 2025 earnings forecasts","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-L3Harris falls after cutting 2025 earnings forecasts</title></head><body><p>** U.S. defense contractor L3Harris Technologies <span>LHX.N</span> shares fall 2% to $212 premarket trading</p><p>** Co cuts annual earnings forecasts after missing quarterly sales expectations, hurt by decreased volumes in its space unit and the <span>divestment of its aviation solutions business</span></p><p>      ** Florida-based co expects an adj. profit of between $10.30 and $10.50/share in 2025, lower than its previous forecast of $10.55 to $10.85/share</p><p>** LHX posts Q1 adj. EPS of $2.41, compared with expectations of $2.32, according to data compiled by LSEG</p><p>** Co reports Q1 total revenue of $5.13 bln, lower than estimate of about $5.22 bln</p><p>** 18 of 24 brokerages rate the stock \"buy\" or higher, 6 \"hold\"; their median PT is $253</p><p>** As of last close, stock had risen 2.9% YTD </p><p>(Reporting by Apratim Sarkar)</p><p>((Apratim.Sarkar@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-L3Harris falls after cutting 2025 earnings forecasts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-L3Harris falls after cutting 2025 earnings forecasts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-04-24 21:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-L3Harris falls after cutting 2025 earnings forecasts</title></head><body><p>** U.S. defense contractor L3Harris Technologies <span>LHX.N</span> shares fall 2% to $212 premarket trading</p><p>** Co cuts annual earnings forecasts after missing quarterly sales expectations, hurt by decreased volumes in its space unit and the <span>divestment of its aviation solutions business</span></p><p>      ** Florida-based co expects an adj. profit of between $10.30 and $10.50/share in 2025, lower than its previous forecast of $10.55 to $10.85/share</p><p>** LHX posts Q1 adj. EPS of $2.41, compared with expectations of $2.32, according to data compiled by LSEG</p><p>** Co reports Q1 total revenue of $5.13 bln, lower than estimate of about $5.22 bln</p><p>** 18 of 24 brokerages rate the stock \"buy\" or higher, 6 \"hold\"; their median PT is $253</p><p>** As of last close, stock had risen 2.9% YTD </p><p>(Reporting by Apratim Sarkar)</p><p>((Apratim.Sarkar@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LHX","symbol_name":"L3Harris Technologies Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250424:nL4N3R11BP:1","article_id":"2529933526","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529933526","pubTimestamp":1745501277,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-L3Harris falls after cutting 2025 earnings forecasts** U.S. defense contractor L3Harris Technologies LHX.N shares fall 2% to $212 premarket trading** Co cuts annual earnings forecasts after missing quarterly sales expectations, hurt by decreased volumes in its space unit and the divestment of its aviation solutions business      ** Florida-based co expects an adj. profit of between $10.30 and $10.50/share in 2025, lower than its previous forecast of $10.55 to $10.85/share** LHX posts Q1 adj. EPS of $2.41, compared with expectations of $2.32, according to data compiled by LSEG** Co reports Q1 total revenue of $5.13 bln, lower than estimate of about $5.22 bln** 18 of 24 brokerages rate the stock \"buy\" or higher, 6 \"hold\"; their median PT is $253** As of last close, stock had risen 2.9% YTD ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LHX":"L3Harris Technologies Inc"},"translate_title":"BUZZ-L3Harris下调2025年盈利预测后股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LHX":0.9},"content_text":"BUZZ-L3Harris falls after cutting 2025 earnings forecasts** U.S. defense contractor L3Harris Technologies LHX.N shares fall 2% to $212 premarket trading** Co cuts annual earnings forecasts after missing quarterly sales expectations, hurt by decreased volumes in its space unit and the divestment of its aviation solutions business      ** Florida-based co expects an adj. profit of between $10.30 and $10.50/share in 2025, lower than its previous forecast of $10.55 to $10.85/share** LHX posts Q1 adj. EPS of $2.41, compared with expectations of $2.32, according to data compiled by LSEG** Co reports Q1 total revenue of $5.13 bln, lower than estimate of about $5.22 bln** 18 of 24 brokerages rate the stock \"buy\" or higher, 6 \"hold\"; their median PT is $253** As of last close, stock had risen 2.9% YTD (Reporting by Apratim Sarkar)((Apratim.Sarkar@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}