Does The Street Have L-3 Communications Holdings Figured Out?
L-3 Communications Holdings (NYS: LLL) is expected to report Q2 earnings on July 25. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict L-3 Communications Holdings's revenues will wither -2.8% and EPS will expand 0.5%.
The average estimate for revenue is $3.06 billion. On the bottom line, the average EPS estimate is $1.93.
Last quarter, L-3 Communications Holdings chalked up revenue of $3.19 billion. GAAP reported sales were 0.8% higher than the prior-year quarter's $3.16 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $2.00. GAAP EPS of $2.11 for Q1 were 5.0% higher than the prior-year quarter's $2.01 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 10.0%, 50 basis points worse than the prior-year quarter. Operating margin was 10.0%, 50 basis points worse than the prior-year quarter. Net margin was 6.1%, 30 basis points worse than the prior-year quarter.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 861 members out of 903 rating the stock outperform, and 42 members rating it underperform. Among 237 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 226 give L-3 Communications Holdings a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on L-3 Communications Holdings is hold, with an average price target of $77.73.
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The article Does The Street Have L-3 Communications Holdings Figured Out? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of L-3 Communications Holdings. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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