L-3 Communications Holdings, Inc Profit Drops 10% In Q3

(RTTNews) - L-3 Communications Holdings, Inc (LLL) revealed earnings for third quarter that decreased compared to the same period last year.

The company said its earnings totaled $148 million, or $1.88 per share. This was down from $165 million, or $2.03 per share, in last year's third quarter.

The company said revenue for the quarter fell 2.0% to $2.51 billion. This was down from $2.56 billion last year.

L-3 Communications Holdings, Inc earnings at a glance:

-Earnings (Q3): $148 Mln. vs. $165 Mln. last year. -Earnings Decline (Y-o-Y): -10.3% -EPS (Q3): $1.88 vs. $2.03 last year. -EPS Decline (Y-o-Y): -7.4% -Revenue (Q3): $2.51 Bln vs. $2.56 Bln last year. -Revenue Change (Y-o-Y): -2.0%

-Guidance: Full year EPS guidance: $7.85 - $7.95 Full year revenue guidance: $10.25 to $10.35 Bln