29.01.2019 12:05:40
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Harris Corp. Q2 adjusted earnings Beat Estimates
(RTTNews) - Harris Corp. (HRS) revealed a profit for its second quarter that increased from the same period last year.
The company's profit totaled $225 million, or $1.88 per share. This compares with $131 million, or $1.08 per share, in last year's second quarter.
Analysts had expected the company to earn $1.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 8.4% to $1.67 billion from $1.54 billion last year.
Harris Corp. earnings at a glance:
-EPS (Q2): $1.96 vs. $1.65 last year. -Analysts Estimate: $1.91 -Revenue (Q2): $1.67 Bln vs. $1.54 Bln last year.
-Guidance: Full year EPS guidance: $7.90 - $8.00 Full year revenue guidance: $6.66 - $6.69 Bln
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