Harris (HRS) Scheduled to Post Earnings on Tuesday
Harris (NYSE:HRS) is set to release its earnings data before the market opens on Tuesday, January 30th. Analysts expect Harris to post earnings of $1.40 per share for the quarter. Harris has set its FY18 guidance at $5.85-6.05 EPS.
Harris (NYSE:HRS) last posted its earnings results on Tuesday, October 31st. The communications equipment provider reported $1.38 EPS for the quarter, beating the Zacks’ consensus estimate of $1.35 by $0.03. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.44 billion. Harris had a net margin of 9.02% and a return on equity of 23.36%. The company’s revenue was down .5% on a year-over-year basis. During the same period last year, the firm posted $1.28 EPS. On average, analysts expect Harris to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Harris (NYSE HRS) opened at $146.15 on Friday. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.11 and a quick ratio of 0.64. The company has a market cap of $17,420.00, a price-to-earnings ratio of 27.32, a P/E/G ratio of 3.96 and a beta of 1.13. Harris has a 52-week low of $100.61 and a 52-week high of $148.73.
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Harris Company Profile
Harris Corporation is a technology company that provides products, systems and services that have defense and civil government applications, as well as commercial applications. It offers its products and services to government and commercial customer. It operates in four segments: Communication Systems, which serves markets in tactical communications and defense, and public safety networks; Space and Intelligence Systems, which provides complete Earth observation, environmental, geospatial, space protection, and intelligence solutions from advanced sensors and payloads, as well as ground processing and information analytics; Electronic Systems, which offers a portfolio of solutions in electronic warfare, avionics, wireless and technology, among others, and Critical Networks, which provides managed services supporting air traffic management, energy and maritime communications, and ground network operation and sustainment, as well as information technology (IT) and engineering services.
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