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    Repiglican Roast

    A spirited discussion of public policy and current issues

    Location: The mouth of being

    I'm furious about my squandered nation.

    Thursday, January 31, 2008

    L-3 profit rises on aerospace, offense sales


    L-3 reported quarterly profit of $207 million, or $1.63 per share, compared with $174 million, or $1.37 per share, in the year-ago quarter. That beat Wall Street's average forecast of $1.61 per share, according to Reuters Estimates.

    Sales rose 12 percent to $3.8 billion, ahead of analysts' average forecast of $3.6 billion.

    The New York-based company raised its full-year profit forecast to $6.48 to $6.62 per share from its previous forecast of $6.41 to $6.55 per share.



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