L-3 Technologies (LLL) Tops Q4 EPS by 40c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

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Go back to L-3 Technologies (LLL) Tops Q4 EPS by 40c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

L3 Announces Fourth Quarter and Full Year 2018 Results

January 29, 2019 6:30 AM EST

4Q Book-to-bill ratio of 1.06x on funded orders of $3.0 billion; 2018 book-to-bill ratio of 1.13x on funded orders of $11.6 billion 4Q Sales increased 8% to $2.8 billion; 2018 sales increased 7% to $10.2 billion 4Q Diluted earnings per share (EPS) from continuing operations of $2.83; 2018 diluted EPS from continuing operations of $10.05 4Q Adjusted diluted EPS from continuing operations(1) of $3.10; 2018 Adjusted diluted EPS from continuing operations of $10.75 4Q Cash from continuing operations of $700 million; 2018 cash from continuing operations of $1,042 million 4Q... More