FLIR Systems (FLIR) Reports In-Line Q3 EPS, Revenues Miss; Offers FY18 EPS/Revenue Outlook Below Consensus

FLIR Systems (NASDAQ: FLIR) reported Q3 EPS of $0.57, in-line with the analyst estimate of $0.57. Revenue for the quarter came in at $434.9 million versus the consensus estimate of $445.47 million.

Mr. Cannon continued, “Our continuous improvement initiatives through The FLIR Method are generating positive earnings momentum. While still in the early stages, the team’s commitment to The FLIR Method is beginning to yield exciting results. In this past quarter, we made meaningful progress on our strategic priorities presented at investor day to fuel, feed, and focus the business, particularly in unmanned solutions.”

GUIDANCE:

FLIR Systems sees FY2018 EPS of $2.17-$2.22, versus the consensus of $2.22. FLIR Systems sees FY2018 revenue of $1.78-1.8 billion, versus the consensus of $1.81 billion.

For earnings history and earnings-related data on FLIR Systems (FLIR) click here.

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