Harris (NYSE:HRS) is scheduled 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 announced its earnings results on Tuesday, October 31st. The communications equipment provider reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.03. Harris had a net margin of 9.02% and a return on equity of 23.36%. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the company posted $1.28 EPS. The firm’s revenue for the quarter was down .5% on a year-over-year basis. 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 $143.19 on Tuesday. Harris has a one year low of $99.13 and a one year high of $148.73. The firm has a market cap of $17,070.00, a PE ratio of 26.76, a P/E/G ratio of 4.00 and a beta of 1.13. The company has a quick ratio of 0.64, a current ratio of 1.11 and a debt-to-equity ratio of 1.14.
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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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