WASHINGTON (dpa-AFX) - L3Harris Technologies, Inc. (LHX) released earnings
for fourth quarter that decreased from the same period last year but beat the
Street estimates.

The company's bottom line totaled $158 million, or $0.83 per share. This
compares with $416 million, or $2.17 per share, in last year's fourth quarter.

Excluding items, L3Harris Technologies, Inc. reported adjusted earnings of $3.35
per share for the period.

Analysts on average had expected the company to earn $3.31 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 16.6% to $5.34 billion from $4.58
billion last year.

L3Harris Technologies, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $158 Mln. vs. $416 Mln. last year.
-EPS (Q4): $0.83 vs. $2.17 last year.
-Analyst Estimates: $3.31
-Revenue (Q4): $5.34 Bln vs. $4.58 Bln last year.


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