Exelis (XLS) to Release Quarterly Earnings on Friday
Exelis (NYSE:XLS) is scheduled to announce its earnings results on Friday, November 1st. Exelis has set its FY13 guidance at $1.45-1.55 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.
Exelis (NYSE:XLS) last released its earnings data on Friday, August 2nd. The company reported $0.41 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.37 by $0.04. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was down 9.3% on a year-over-year basis. On average, analysts expect Exelis to post $1.51 EPS for the current fiscal year and $1.57 EPS for the next fiscal year.
Shares of Exelis (NYSE:XLS) opened at 16.57 on Thursday. Exelis has a 1-year low of $9.96 and a 1-year high of $16.77. The stock’s 50-day moving average is $15. and its 200-day moving average is $13.94. The company has a market cap of $3.120 billion and a price-to-earnings ratio of 10.67.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, January 2nd. Investors of record on Friday, November 15th will be paid a dividend of $0.10 per share. This represents a $0.41 annualized dividend and a dividend yield of 2.49%. The ex-dividend date is Wednesday, November 13th.
A number of analysts have recently weighed in on XLS shares. Analysts at RBC Capital upgraded shares of Exelis from a “sector perform” rating to an “outperform” rating in a research note to investors on Thursday, August 22nd. They now have a $15.00 price target on the stock, down previously from $18.00. On the ratings front, analysts at Credit Suisse raised their price target on shares of Exelis from $10.00 to $11.00 in a research note to investors on Wednesday, August 7th. They now have a “neutral” rating on the stock. Finally, analysts at Zacks downgraded shares of Exelis from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, August 7th. They now have a $17.00 price target on the stock. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Exelis currently has a consensus rating of “Hold” and a consensus target price of $14.60.
Exelis Inc (NYSE:XLS) is engaged in Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) related products and systems and information and technical services, which the Company supplies to military, government and commercial customers in the United States and globally.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.