LHX Q3 Earnings Call Highlights Record Backlog and Revised Outlook

What happened: L3Harris (LHX) held its third-quarter 2026 earnings call, emphasizing backlog conversion, missile production expansion and operational execution. Management raised 2026 guidance but cut certain 2028 targets. Key numbers: Q3 EPS $3.28 vs $2.99 consensus; revenue $6.06 billion vs $5.90 billion consensus; orders $19.3 billion; backlog $53.2 billion; Why it matters: Analysts focused on future margins, cash flow and capital allocation after the 2028 revisions, which the CFO tied to retirement contributions, lower anticipated margins and accelerated missile investments. Market: -0.5% today ($276.93), -8.4% YTD, 0.9x vol — as of 20:02 UTC Verified: Q3_2026 (Oct 29) EPS $3.28 vs $2.95 est, +11.4% beat; next print ~Jan 28 Coverage: 3 outlets in 24h

L3Harris (LHX) held its third-quarter 2026 earnings call, emphasizing backlog conversion, missile production expansion and operational execution. Management raised 2026 guidance but cut certain 2028 targets.

Analysts focused on future margins, cash flow and capital allocation after the 2028 revisions, which the CFO tied to retirement contributions, lower anticipated margins and accelerated missile investments. Market: -0.5% today ($276.93), -8.4% YTD, 0.9x vol — as of 20:02 UTC Verified: Q3_2026 (Oct 29) EPS $3.28 vs $2.95 est, +11.4% beat; next print ~Jan 28