L3 Announces Second Quarter 2018 Results
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L-3 Communications (LLL) PT Raised to $250 at Cowen
July 30, 2018 7:52 AM EDTCowen raised its price target on L-3 Communications (NYSE: LLL) to $250.00 (from $225.00) while maintaining an Outperform rating.
Analyst Cai von Rumohr said the "impressive" Q2 beat and raise, coupled with the company's ongoing transformation to technology-driven growth focus, offers reset potential from LLL's below average 2019 TEV/EBITDA of 12.3x.
... MoreL-3 Technologies (LLL) Tops Q2 EPS by 15c, Raises Outlook
July 26, 2018 6:47 AM EDTL-3 Technologies (NYSE: LLL) reported Q2 EPS of $2.47, $0.15 better than the analyst estimate of $2.32. Revenue for the quarter came in at $2.58 billion versus the consensus estimate of $2.48 billion.
GUIDANCE:
L-3 Technologies sees FY2018 EPS of $9.80-$10.00, versus the consensus of... More
