Harris Corp. (HRS) Tops Q3 EPS by 7c, Revenues Beat; Raises FY19 EPS Above Consensus, FY19 Revenue Views Above Consensus, Boosts FY19 Adj. FCF Outlook

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Go back to Harris Corp. (HRS) Tops Q3 EPS by 7c, Revenues Beat; Raises FY19 EPS Above Consensus, FY19 Revenue Views Above Consensus, Boosts FY19 Adj. FCF Outlook

Harris Corporation Reports Strong Fiscal 2019 Third Quarter Results With Double-Digit Revenue Growth and Record EPS

May 1, 2019 6:30 AM EDT

3Q19 revenue up 11% to $1.7 billion 3Q19 GAAP EPS from continuing operations up 24% to $2.02; non-GAAP1 up 30% to $2.11 3Q19 operating cash flow of $405 million; adjusted free cash flow2 of $379 million YTD19 revenue up 10% to $4.9 billion; GAAP EPS from continuing operations up 39% to $5.67; non-GAAP1 up 26% to $5.85 YTD19 operating cash flow of $874 million; adjusted free cash flow2 up 75% to $788 million Increased revenue, EPS and adjusted free cash... More