L3Harris Technologies, Inc. (LHX) earnings on July 29, 2026

After the market closes Q2 2026

More L3Harris Technologies, Inc. earnings

Prior outlook: Optimistic Outcome: Partial

L3Harris shares fell sharply despite beating earnings estimates, as investors focused on other concerns.

LHX price around the earnings

271.90

Change: -8.6%

2026-07-30, 20:00 UTC

Start of the measured window End of the measured window
262.78 277.85 292.93 308.00 297.53
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)
July 29, 2026 July 30, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Partial

Thesis published
Results released

Strong recent record of beating earnings and strong analyst support contrast with declining trajectory and after a strong recent rise conditions into event.

Context analyzed before publication

Trend
Declined from 83.4 to 62.2 as event approached; after a strong recent rise conditions suggest profit-taking risk.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.6
Analysts covering the stock
18
Average price target
375.11
Lowest price target
285
Highest price target
443
Upside to price target
26.8%
Quarterly earnings growth
74.7%
Revenue growth
190%
Forward EPS
13.63
Trailing EPS
9.22
Analyst moves in the last 60 days
0
  • Strong buy: 2
  • Buy: 13
  • Hold: 5
  • Sell: 0
  • Strong sell: 0
Strong buy
2
Buy
13
Hold
5
Sell
0
Strong sell
0

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (5)

Technicals

Evidence

Price when the context was analyzed
305.18
Average true range (ATR)
2.5%
Distance to 52-week high
-21.3%
14-day change (14d)
+5.2%
30-day change (32d)
+4.8%
30-day relative strength
+3.2%
SPY change (32d)
+1.6%
Nearest support
304.59
Distance to nearest support
0.2%
Nearest resistance
306.31
Distance to nearest resistance
0.4%
Volume accumulation ratio (14d / 46d)
0.87
  • Mid: 304.59 (0.2% away, 0.08 ATR, 25 touches)
  • Major: 302.35 (0.9% away, 0.37 ATR, 34 touches)
  • Minor: 300.41 (1.6% away, 0.62 ATR, 4 touches)
  • Minor: 306.31 (0.4% away, 0.15 ATR, 4 touches)
  • Major: 309.56 (1.4% away, 0.58 ATR, 20 touches)
  • Minor: 312.75 (2.5% away, 0.99 ATR, 6 touches)

Trends

Evidence

Average earnings surprise
+8.3%
  • April 30, 2026: actual EPS 2.91 vs estimate 2.57 (surprise +13.0%)
  • January 29, 2026: actual EPS 2.86 vs estimate 2.76 (surprise +3.6%)
  • October 30, 2025: actual EPS 2.7 vs estimate 2.57 (surprise +5.1%)
  • July 24, 2025: actual EPS 2.78 vs estimate 2.5 (surprise +11.3%)

Expected move

Implied move
+3.4%
Source
Options chain

Reactions over its last 20 earnings

Median move
2.7%
75th percentile move
3.6%
90th percentile move
5.9%
Up / down moves
11 / 9
Average up move
+2.8%
Average down move
-2.8%

Monitoring and close

What L3Harris Technologies, Inc. reported

Status
Finished
Actual EPS3.13
EPS estimate2.8
EPS surprise+11.8%
Revenue$5,881 million
Revenue estimate$5,808 million
Revenue surprise+1.3%

L3Harris beats Q2 earnings and revenue estimates, raises 2026 outlook. BNP Paribas maintains neutral, lowers price target to $310.

Sources (18)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue and the price is indicating -5.3% pre-market, a move above the stock's usual reaction (about 3%). The figures overturn the prior optimistic scenario. Across our market history, in the 716 similar cases the close held that direction 86% of the time.

How the stock reacted

Outcome
Partial
Consolidated
-8.6%
Max favorable move (MFE)
3.6%
Max adverse move (MAE)
11.7%