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Harris Corp Lowers FY 2013 Guidance


Tuesday, 29 Jan 2013 06:30am EST 

Harris Corp announced that due to expected slower government spending resulting from growing budget uncertainty, the Company has updated its fiscal 2013 guidance for income from continuing operations from a range of $5.10 to $5.30 per share to a range of $5.00 to $5.20 per share. Revenue is now expected to decline 2% to 4% compared to the prior year. The Company reported revenue of $5.44 billion in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $5.14 on revenue of $5.42 billion for fiscal 2013. 

Company Quote

69.87
-0.38 -0.54%
19 Sep 2014