BUZZ - L3Harris shares rise after raising annual revenue and profit forecasts

October 29 - ** Defense contractor L3Harris Technologies (LHX.N) shares rose about 4% in premarket trading to $270.7

** The company raised the lower end of its full-year revenue guidance range from the previous $23.2 billion–$23.7 billion to $23.5 billion–$23.7 billion

** Full-year earnings per share outlook was raised from $11.80–$12.00 to $12.25–$12.35

** CEO Sam Mehta stated that LHX will continue investing in missile systems, space, communications, and sensing capabilities to support customers, service members, and shareholders

** According to data compiled by London Stock Exchange Group (LSEG), third-quarter earnings per share were $3.28, higher than analysts' average estimate of $2.94

** The company reported third-quarter revenue of $6.06 billion, surpassing the analysts' estimate of $5.91 billion

** As of the previous trading day's close, the stock had declined about 11.3% year-to-date

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