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L3 Technologies, Inc. Q4 adjusted earnings Beat Estimates

L3 Technologies, Inc. (LLL) reported a profit for fourth quarter that fell from last year.

The company's profit totaled $226 million, or $2.83 per share. This compares with $267 million, or $3.34 per share, in last year's fourth quarter.

Excluding items, L3 Technologies, Inc. reported adjusted earnings of $247 million or $3.10 per share for the period.

Analysts had expected the company to earn $2.7 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.8% to $2.77 billion from $2.57 billion last year.

L3 Technologies, Inc. earnings at a glance:

-Earnings (Q4): $247 Mln. vs. $267 Mln. last year.
-EPS (Q4): $3.10 vs. $3.34 last year.
-Analysts Estimate: $2.7
-Revenue (Q4): $2.77 Bln vs. $2.57 Bln last year.

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