Having beaten analysts' expectations in each of the last five quarters, L-3 Communications (NYSE:LLL) will announce on Thursday whether the streak is alive or snapped.
Analysts currently expect L-3 Communications to come in with earnings of $2.03 per share on revenues of $3.2 billion. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from $2.08.
The stock fell $3.42 per share between May 10, 2012 and May 18, 2012.
Company Fundamental Trends
Analysts think investors should stand pat on L-3 Communications with 10 of 13 analysts rating it hold.
Last Quarter's Results
In the first quarter, profit fell 1.5% to $201 million ($2.01 a share) from $204 million ($1.85 a share) the year earlier, but exceeded analyst expectations. Revenue fell 0.4% to $3.59 billion from $3.6 billion.
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
Revenue Estimate: $3.2 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)