The EPS of L3Harris Technologies Inc. (LHX) for Q2 2024 did not fall short of forecasts. In fact, the company's EPS of $3.06 for the quarter exceeded the consensus estimate of $2.89, indicating a positive earnings performance1.
However, it's important to note that there was no shortfall in revenue. LHX reported a total revenue of $5.21 billion for Q2 2024, which was higher than the analyst estimates of $5.11 billion23. This revenue growth can be attributed to strong business performance and strategic contract wins45.
In conclusion, LHX's Q2 2024 EPS did not fall short of forecasts, and the company's revenue exceeded expectations, reflecting robust financial performance and operational effectiveness.