Here’s a look at the details inside the report.
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L3Harris reported quarterly earnings of $3.13 per share, which beat the consensus estimate of $2.80 by 11.79%, according to Benzinga Pro data.Quarterly revenue came in at $5.88 billion, which beat the Street estimate of $5.81 billion.L3Harris reported the following second-quarter highlights:
Orders of $7.3 billion; book-to-bill of 1.2x increases backlog to record $42 billion
Operating margin of 11.1%, up 60 bps; Segment operating margin of 16%
