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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Is L3Harris Technologies, Inc. (LHX) Among Defense Stocks with the Highest EPS Growth in 5 Years?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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84% Informative

L3Harris Technologies, Inc. ( NYSE : LHX ) is known for its wireless and night vision equipment, command and control systems, avionics, and terrestrial and spaceborne antennas.

Global defense stocks have surged this year as European capitals unlock billions to supercharge their militaries.

Asian defense manufacturers, especially in South Korea and India , have also benefited from the splurge.

L3Harris Technologies, Inc. ( NYSE : LHX ) reported non-GAAP diluted earnings per share of $ 3.47 , beating expectations.

FY24 revenue stood at $21.3 billion , up 10% from last year .

Overall, LHX ranks 10th among the 10 Defense Stocks with the Highest EPS Growth in 5 years .

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