Harris Posts Higher Q2 Profit - Quick Facts

(RTTNews) - Communications equipment maker Harris Corp.'s (HRS) second-quarter income from continuing operations grew to $140 million, or $1.32 per share, from $137 million, or $1.27 per share, last year. On average, eight analysts polled by Thomson Reuters expected the company to report earnings of $1.18 per share for the quarter. Analysts' estimates typically exclude one-time items.

Revenue from product sales and services for the three-month period totaled $1.21 billion, compared with $1.22 billion in the year-ago period. Analysts estimated revenues of $1.18 billion for the quarter. Orders in the quarter amounted to $1.11 billion.