L-3 Announces First Quarter 2015 Results

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L-3 Communications (LLL) Misses Q1 EPS by 11c; Guides Lower

April 30, 2015 7:02 AM EDT

L-3 Communications (NYSE: LLL) reported Q1 EPS of $1.43, $0.11 worse than the analyst estimate of $1.54. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.79 billion.

L-3 Communications sees FY2015 EPS of $7.35-$7.65, versus the consensus of $7.64. L-3 Communications sees FY2015 revenue of $11.45-11.65 billion, versus prior guidance of $11.75-11.95 billion and the consensus of $11.79 billion.

Our book-to-bill ratio continues a positive trend and gives us confidence in our full-year 2015... More