L3Harris Technologies Inc
LHX: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|D> | LOCK|!c<^s | LOCK|&j&TDr# |
L3Harris Earnings: Reshaping Portfolio to Pursue Defense Spending; Shares 7% Undervalued
Two of L3Harris' newly realigned segments saw double-digit revenue growth in the first quarter, and all three delivered at least 60 basis points of operating margin expansion, totaling $652 million operating profit on $5.7 billion in revenue, consolidated margin having risen from 10.2% to 11.4%.
