Investing.com - L3Harris Technologies reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
L3Harris Technologies announced earnings per share of $2.84 on revenue of $4.5B. Analysts polled by Investing.com anticipated EPS of $2.74 on revenue of $4.48B.
L3Harris Technologies shares are down 17.65% from the beginning of the year and are trading at $162.95 , down-from-52-week-high.They are under-performing the S&P 500 which is up 2.46% from the start of the year.
L3Harris Technologies follows other major Capital Goods sector earnings this month
L3Harris Technologies's report follows an earnings beat by ASML ADR on Wednesday, October 14, 2020, who reported EPS of $2.99 on revenue of $4.65B, compared to forecasts EPS of $2.64 on revenue of $4.36B.
Honeywell had beat expectations on Friday with third quarter EPS of $1.56 on revenue of $7.80B, compared to forecast for EPS of $1.49 on revenue of $7.66B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar