Harris Corp. Q3 Earnings Advance 31%

(RTTNews) - Harris Corp. (HRS) announced a profit for its third quarter that increased compared to the same period last year.

The company said its bottom line rose to $182 million, or $1.45 per share. This was up from $139 million, or $1.32 per share, in last year's third quarter.

Analysts had expected the company to earn $1.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 60.5% to $1.91 billion. This was up from $1.19 billion last year.

Harris Corp. earnings at a glance:

-Earnings (Q3): $182 Mln. vs. $139 Mln. last year. -Earnings Growth (Y-o-Y): 30.9% -EPS (Q3): $1.45 vs. $1.32 last year. -EPS Growth (Y-o-Y): 9.8% -Analysts Estimate: $1.39 -Revenue (Q3): $1.91 Bln vs. $1.19 Bln last year. -Revenue Change (Y-o-Y): 60.5%

-Guidance: Full year EPS guidance: $5.70