Harris Corp. (HRS) Tops Q3 EPS by 8c; Raises FY Outlook

Harris Corp. (NYSE: HRS) reported Q3 EPS of $1.27, $0.08 better than the analyst estimate of $1.19. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.23 billion.

Harris Corp. sees FY2014 EPS of $4.90-$5.00, versus prior guidance of $4.8-$4.9 and the consensus of $4.93.

“Third quarter revenue and earnings were higher than the prior year as a result of strong performance in Government Communications Systems and RF Communications’ international tactical radio business,” said William M. Brown, chairman, president and chief executive officer. “Results reflected our continued commitment to operational excellence in a tough U.S. Government spending environment.”

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

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