L3Harris Technologies Inc.
(NYSE:LHX) stock traded lower on Thursday after the company reported second-quarter financial results following Wednesday's closing bell, with investors appearing to focus on full-year sales guidance whose midpoint came in below Wall Street estimates.
The Nasdaq is up 3.07% while the S&P 500 has gained 1.41%, and Industrials are also higher by 0.42%. • L3Harris Technologies stock is testing lower boundaries.
What's pressuring LHX?
L3Harris reported quarterly earnings of $3.13 per share, beating the consensus estimate of $2.80 by 11.79%.
