L-3 Communications Holdings, Inc Reveals 10% Increase In Q3 Bottom Line

(RTTNews) - L-3 Communications Holdings, Inc (LLL) released earnings for its third quarter that gained ground from last year.

The company said its bottom line totaled $170 million, or $2.09 per share. This was higher than $154 million, or $1.78 per share, in last year's third quarter.

Analysts had expected the company to earn $1.81 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 4.1% to $2.82 billion. This was down from $2.94 billion last year.

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

-Earnings (Q3): $170 Mln. vs. $154 Mln. last year. -Earnings Growth (Y-o-Y): 10.4% -EPS (Q3): $2.09 vs. $1.78 last year. -EPS Growth (Y-o-Y): 17.4% -Analysts Estimate: $1.81 -Revenue (Q3): $2.82 Bln vs. $2.94 Bln last year. -Revenue Change (Y-o-Y): -4.1%

-Guidance: Full year EPS guidance: $6.80 - $6.90 Full year revenue guidance: $11.400 - $11.500 Bl