Investing.com - L3Harris Technologies reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
L3Harris Technologies announced earnings per share of $3.26 on revenue of $4.25. Analysts polled by Investing.com anticipated EPS of $3.41 on revenue of $4.41B.
L3Harris Technologies shares are down 18% from the beginning of the year and are trading at $234.10 , down-from-52-week-high.
L3Harris Technologies shares lost 7.40% in after-hours trade the report.
L3Harris Technologies follows other major Industrials sector earnings this month
L3Harris Technologies's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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