L-3 Communications (LLL) Tops Q2 EPS by 19c; Raises Outlook

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L-3 Announces Second Quarter 2016 Results

July 28, 2016 6:55 AM EDT

Diluted earnings per share (EPS) from continuing operations increased 35% to $1.88 Net sales increased 5% Net cash from operating activities from continuing operations increased 30% Updated 2016 financial guidance

NEW YORK--(BUSINESS WIRE)-- L-3 Communications Holdings, Inc. (NYSE: LLL) today reported diluted EPS from continuing operations of $1.88 for the quarter ended June 24, 2016 (2016 second quarter) compared to diluted EPS from continuing operations for the quarter ended June 26, 2015 (2015 second quarter) of $1.39. Net sales of $2,664 million for the 2016 second quarter increased by... More