Harris Corp. (HRS) Tops Q3 EPS by 4c; Narrows Outlook

Harris Corp. (NYSE: HRS) reported Q3 EPS of $1.67, $0.04 better than the analyst estimate of $1.63. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.55 billion.

• Narrowed fiscal 2018 revenue and EPS guidance to high end of prior range — revenue up ~4%; EPS from continuing operations $5.93 - $5.98 GAAP, $6.45 - $6.50 non-GAAP
• Increased fiscal 2018 adjusted free cash flow guidance to $900 - $925 million

For earnings history and earnings-related data on Harris Corp. (HRS) click here.

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