L3Harris Technologies, Inc. LHX is slated to report third-quarter 2026 results on Oct. 29, 2026, before market open. The company delivered an earnings surprise of 11.79% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
Factors Likely to Affect LHX’s Q3 Results
Higher revenues, driven by increased international deliveries of software-defined resilient communications equipment and program ramps in Spectrum Superiority, are expected to have boosted Communications and Spectrum Dominance performance.
Higher sales from Intelligence, Surveillance and Reconnaissance (ISR) programs, supported by classified and missionized aircraft programs, are expected to have driven the Space & Mission Systems segment’ revenue growth.
Higher revenues, driven by increased production and development volumes across key missile and munitions programs and program ramps in Advanced Effects, are expected to have boosted Missile Solutions performance.
Supply disruptions, labor and material cost inflation, and technical or schedule challenges could delay program deliveries, increase costs and impact third-quarter revenues and margins.
L3Harris Technologies Inc Price and EPS Surprise
L3Harris Technologies Inc price-eps-surprise | L3Harris Technologies Inc Quote
Q3 Estimates for LHX Stock
The Zacks Consensus Estimate for LHX’s third-quarter sales is pegged at $5.86 billion, which indicates growth of 3.5% from the prior-year quarter’s reported figure.
The consensus estimate for earnings is pegged at $3.00 per share, which indicates growth of 11.1% from the prior-year quarter’s reported figure.
What the Zacks Model Unveils for LHX Stock
Our proven model does not conclusively predict an earnings beat for L3Harris Technologies this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here, as you will see below.
LHX’s Earnings ESP: L3Harris has an Earnings ESP of -0.01%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
LHX’s Zacks Rank: Currently, LHX carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to Consider
Below, we have mentioned a few players from the same sector that have the right combination of elements to beat on earnings in the upcoming releases:
General Dynamics GD is set to report its third-quarter 2026 earnings on Oct. 30, before market open. It has an Earnings ESP of +0.77% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for GD’s earnings is pegged at $1.14 per share. The consensus estimate for its sales is pegged at $13.69 billion, indicating year-over-year growth of 6%.
BWX Technologies BWXT is expected to report its third-quarter 2026 earnings on Nov. 2, after market close. It has an Earnings ESP of +0.22% and a Zacks Rank of 3 at present.
The consensus estimate for BWXT’s earnings is pegged at $1.19 per share. The consensus estimate for its sales is pegged at $992.4 million, indicating year-over-year growth of 14.6%.
CurtissWright CW is set to report its third-quarter 2026 earnings on Nov. 4, 2026, after market close. It has an Earnings ESP of +0.23% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for CW’s earnings is pegged at $3.76 per share. The consensus estimate for its sales is pegged at $937 million, indicating year-over-year growth of 7.8%.
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L3Harris Technologies Inc (LHX): Free Stock Analysis Report
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This article originally published on Zacks Investment Research (zacks.com).