2. L3Harris Technologies reported first-quarter 2020 adjusted earnings of $2.80 per share, which surpassed the Zacks Consensus Estimate by 7.3% and increased 20.7% year over year. The company's revenues of $4,626 million exceeded the Zacks Consensus Estimate by 0.8% and surged 168% on a year-over-year basis. As of Apr 3, 2020, L3Harris had $663 million in cash and cash equivalents compared with $824 million as of Jan 3, 2020. Considering the impacts of the COVID-19 pandemic, L3Harris made some changes to its 2020 guidance (read more: L3Harris Technologies Q1 Earnings Beat, EPS View Cut). 3. Raytheon Technologies ' first-quarter 2020 results included standalone United Technologies along with Otis and Carrier. The company's adjusted earnings per share (EPS) of $1.78 outpaced the Zacks Consensus Estimate by 60.4% but declined 6.8% from the year-ago quarter.