L-3 Technologies (LLL) Tops Q4 EPS by 12c, Raises Outlook
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L3 Announces Fourth Quarter 2017 and Full Year Results
January 25, 2018 6:55 AM EST4Q Sales decreased 3% to $2,574 million; 2017 sales increased 4% to $9,573 million 4Q Diluted EPS from continuing operations of $3.34; 2017 diluted EPS from continuing operations of $9.46 4Q and 2017 includes $0.99 of tax benefits for U.S. Tax Reform 4Q Cash from continuing operations of $406 million; 2017 cash from continuing operations of $986 million 4Q Book-to-bill ratio of 1.06x on funded orders of $2.7 billion; 2017 book-to-bill ratio of 1.04x on funded orders of $10.0 billion Vertex Aerospace business held for sale (presented as discontinued operations)... More
