L3 Technologies (LLL) Q1 Earnings & Sales Top Estimates
Zacks Investment Research | May 01, 2019 08:33AM ET
L3 Technologies, Inc. (NYSE:LLL) is a leading supplier of a broad range of products and services used in a number of aerospace and defense platforms. The company is focused on consolidating its operations through acquisitions to improve its competitiveness. A robust financial position allows the company to continue with its acquisitions and create shareholder value at the same time.
However, the company has been witnessing weak performance in some of its product lines. The most worrying aspect of this is the downward trend in margins for service-related work due to competitive pressure.
Coming to the earnings surprises history, L3 Technologies has reported positive earnings surprises in the last four quarters with an average beat of 10.38%.
L3 Technologies Inc. Price and EPS Surprise
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