L-3 Communications (LLL) Reports Mixed Q1 Results; Raises FY11 EPS Outlook, Cuts Sales Guidance
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L-3 Communications Holdings Inc. (NYSE: LLL) reported Q1 EPS of $1.95, $0.13 better than the analyst estimate of $1.82. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.66 billion.
Raises its FY11 EPS guidance from $8.40-$8.50 to $8.50-$8.60, versus the consensus of $8.41. Revenue lowered from $15.7-$15.9 billion to $15.5-$15.6 billion, versus the consensus of $15.8 billion.
Raises its FY11 EPS guidance from $8.40-$8.50 to $8.50-$8.60, versus the consensus of $8.41. Revenue lowered from $15.7-$15.9 billion to $15.5-$15.6 billion, versus the consensus of $15.8 billion.
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