Corrects third bullet to say Q4 adj. EPS beat estimate, not missed
** Shares of Defense contractor L3Harris Technologies LHX.N shares drop 1.9% to $208
** LHX sees FY adj. diluted EPS of $10.55 to $10.85 versus prior guidance $13.70-$14.00
** Co posts Q4 adj. EPS of $3.47, beating analysts' average estimate of $3.42, as per LSEG data
** Co reports Q4 rev $5.5 bln, up 3% YoY
** 18 of 24 analysts covering stock have a "buy" or higher rating, 5 have "hold", while 1 rates it at "sell"; mean PT is $264.46- LSEG data
** Stock rose ~0.2% in 2024
(Reporting by Ankita Bora in Bengaluru)
((Ankita.Bora@thomsonreuters.com))
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