L3 Technologies, Inc. (LLL) announced the company now expects its fiscal 2017 earnings per share to be in a range of $8.40 to $8.60, up from prior guidance of $8.15 to $8.35. Net sales are now expected to be in a range of $10.625 to $10.825 billion, up from prior outlook of $10.475 to $10.675 billion.
Analysts polled by Thomson Reuters expect the company to report profit per share of $8.44 on revenue of $10.61 billion. Analysts' estimates typically exclude special items.
L3 reported EPS from continuing operations of $2.38 for the quarter ended December 31, 2016 compared to a loss per share from continuing operations for the quarter ended December 31, 2015 of $0.76 and adjusted EPS from continuing operations for the prior year fourth quarter of $2.16. Net sales were $2.99 billion for the 2016 fourth quarter increased by 4% compared to the 2015 fourth quarter.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.