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Harris Set Over Eight-Month High Wednesday
10/29/2009 8:48 AM ET


RELATED NEWS
Harris Acquires Patriot Technologies - Quick Facts
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(RTTNews) - Harris Corp. (HRS: News ) announced first quarter EPS of $0.83 after the close Tuesday, down from the $0.89 reported last year. The consensus estimate was for EPS of $0.77. The company also increased its full year EPS guidance to between $3.85 and $3.95, from prior expectations of $3.40 to $3.50.

Harris Corp. gapped up sharply Wednesday, but was range-bound throughout the session. The stock closed up by $3.72 at $41.66 on strong volume. Shares rose above a week and a half long range and set over an 8-month high.

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by RTT Staff Writer

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