L3Harris Posts 16 Percent EPS Jump in Q2

L3Harris Technologies (NYSE:LHX), a global supplier of advanced defense and commercial technologies, announced its Q2 FY2025 financial results on July 24, 2025. The company outperformed expectations on both revenue and non-GAAP earnings per share (EPS): revenue was $5.43 billion versus an analyst consensus of $5.31 billion, and EPS reached $2.78 compared to the $2.48 forecast. These figures marked a 2% rise in revenue and a 16% increase in non-GAAP EPS compared to the prior year. Solid organic growth and exceptional order activity were the most notable positives. However, adjusted free cash flow declined 20% to $574 million year over year. Overall, the period marked continued momentum for the company, with higher earnings and increased demand balanced by operational and cash flow pressures. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. L3Harris Technologies is a leading defense technology company that provides advanced solutions for communication, surveillance, space, and missile defense. Its core business involves designing and manufacturing systems and products that serve U.S. government agencies, allied militaries, and select commercial customers. Most sales come through large, often multi-year contracts, especially from the U.S. Department of Defense.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool