GREY:ATIVF - Post by User
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UNCORKITon Oct 27, 2009 12:00pm
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Post# 16427512
Just some competitor info.......
Just some competitor info.......for what it is worth........
1. L-3 Communications Beats EPS Estimates by $0.05, Raises 2009 Guidance (LLL)
Oct 27, 2009 (SmarTrend(R) News Watch via COMTEX) --
10/27/2009 - L-3 Communications (NYSE:LLL) reported Q3 EPS of $1.90,
excluding a $0.22 tax benefit, beating consensus analyst estimates of
$1.85. Revenues for the quarter rose 4.9% year-over-year to $3.84
billion, falling just shy of consensus analyst estimates of $3.89 billion.
Chairman, president and CEO Michael Strianese said, "L-3 had a good third
quarter, led by our C3ISR businesses . . . We delivered solid operating
results, earnings per share and cash flow and continued to deploy the
company's cash flow to increase shareholder value by repurchasing $95
million of our common stock during the quarter and $396 million since the
beginning of the year." The company raised 2009 outlook, now expecting
7.45 to $7.50, up from previous guidance of $7.25 to $7.35, and comparing
to consensus analyst estimates of $7.35.