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Last $106.97 USD
Change Today -0.15 / -0.14%
Volume 528.9K
LLL On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

l-3 communications holdings (LLL) Snapshot

Open
$106.77
Previous Close
$107.12
Day High
$107.17
Day Low
$106.25
52 Week High
02/20/15 - $132.92
52 Week Low
08/24/15 - $101.11
Market Cap
8.6B
Average Volume 10 Days
674.6K
EPS TTM
$7.06
Shares Outstanding
80.3M
EX-Date
08/13/15
P/E TM
15.1x
Dividend
$2.60
Dividend Yield
2.38%
Current Stock Chart for L-3 COMMUNICATIONS HOLDINGS (LLL)

l-3 communications holdings (LLL) Details

L-3 Communications Holdings, Inc., through its subsidiary, L-3 Communications Corporation, provides intelligence, surveillance, and reconnaissance (ISR) systems; aircraft sustainment; and simulation and training products and services in the United States and internationally. The company operates in four segments: Electronic Systems, Aerospace Systems, Communication Systems, and National Security Solutions. It offers a range of products and services, including components, products, subsystems, and systems, as well as related services to military and commercial customers in various business areas, including precision engagement and training, sensor systems, power and propulsion systems, marine systems, aviation products, warrior systems, and security and detection systems. The company also provides fleet management sustainment and support, such as procurement, systems integration, sensor development, modifications, and periodic depot maintenance for ISR, and special mission aircraft and airborne systems; strategic and tactical signals intelligence systems; secure data links; microwave products; secure terminal and communication network equipment and encryption management; and communication systems for surface and undersea vessels, and manned space flights. In addition, it offers modernization, upgrades and sustainment, maintenance, and logistics support services for military and government aircraft, and other platforms. Further, the company provides cybersecurity solutions, high-performance computing, enterprise information technology services, analytics, and intelligence analysis; and night vision and image intensification equipment. It serves the United States (U.S.) Department of Defense and its prime contractors, U.S. Government intelligence agencies, the U.S. Department of Homeland Security, foreign governments, and domestic and international commercial customers. L-3 Communications Holdings, Inc. was founded in 1997 and is headquartered in New York, New York.

45,000 Employees
Last Reported Date: 02/26/15
Founded in 1997

l-3 communications holdings (LLL) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.4M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $689.5K
Senior Vice President and President of Electr...
Total Annual Compensation: $666.5K
Executive Vice President of Corporate Strateg...
Total Annual Compensation: $643.2K
Compensation as of Fiscal Year 2014.

l-3 communications holdings (LLL) Key Developments

L-3 Communications Holdings Inc. Presents at Jefferies 11th Annual Industrials Conference, Aug-12-2015 11:20 AM

L-3 Communications Holdings Inc. Presents at Jefferies 11th Annual Industrials Conference, Aug-12-2015 11:20 AM. Venue: Grand Hyatt, 109 E. 42nd Street, New York, New York, United States. Speakers: Michael T. Strianese, Chairman, Chief Executive Officer, President and Member of Executive Committee.

L-3 Communications Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 26, 2015; Provides Earnings Guidance for the Third Quarter of 2015; Revises Consolidated Earnings Guidance for the Year Ending December 31, 2015; Provides Free Cash Flows Outlook for the Year 2016

L-3 Communications Holdings Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 26, 2015. For the 2015 second quarter, consolidated net sales of $2.8 billion decreased $226 million, or 7%, compared to the 2014 second quarter sales of $3,019 million. Consolidated operating income for the 2015 second quarter decreased $73 million to $166 million, or 31%, compared to the 2014 second quarter operating income of $239 million. Net income attributable to L-3 in the 2015 second quarter decreased 12% to $120 million compared to the 2014 second quarter from $137 million, and diluted EPS decreased 6% to $1.44 from $1.53. Adjusted net income attributable to L-3 decreased 15% to $117 million compared to the 2014 second quarter of $137 million, and adjusted diluted EPS decreased 8% to $1.41. Net cash from operating activities decreased by $50 million, or 18%, to $227 million for the 2015 second quarter, compared to $277 million for the 2014 second quarter. Income before income taxes was $123 million against $204 million a year ago. Results for the 2015 second quarter were impacted by the items discussed below, which, in the aggregate, decreased EPS by $0.34 per diluted share. Capital expenditures, net of dispositions were $44 million against $36 million a year ago. For the 2015 first half, consolidated net sales of $5.5 billion decreased $470 million, or 8%, compared to the first half ended June 27, 2014 (2014 first half). Consolidated operating income for the 2015 first half decreased $159 million to $366 million, or 30%, compared to the 2014 first half of $525 million. Net income attributable to L-3 in the 2015 first half decreased 27% to $225 million compared to the 2014 first half of $307 million, and diluted EPS decreased 22% to $2.69 from $3.43. Adjusted net income attributable to L-3 decreased 23% to $237 million compared to the 2014 first half of $307 million and adjusted diluted EPS decreased 17% to $2.84 from $1.53 a year ago. Net cash from operating activities increased by $99 million, or 46%, to $314 million for the 2015 first half, compared to $215 million for the 2014 first half. The increase in net cash from operating activities in the 2015 first half was due to a lower increase in net working capital in the 2015 first half compared to the 2014 first half, primarily related to receivables and accounts payable and lower income tax payments. Income before income taxes was $282 million against $452 million a year ago. Capital expenditures were $85 million against $67 million a year ago. The company revised consolidated earnings guidance for the year ending December 31, 2015. Currently the company expects net sales in the range of $11,450 million to $11,650 million, effective tax rate of 27.0%, diluted EPS in the range of $6.55 to $6.85, adjusted diluted EPS in the range of $6.70 to $7.00, net cash from operating activities of $1,045 million, capital expenditures, net of dispositions of property, plant and equipment of $195 million and free cash flow of $850 million compared to previously expected net sales in the range of $11,450 million to $11,650 million, effective tax rate of 32.0%, diluted EPS in the range of $7.17 to $7.47, adjusted diluted EPS in the range of $7.35 to $7.65, net cash from operating activities of $1,120 million, capital expenditures, net of dispositions of property, plant and equipment of $195 million and free cash flow of $925 million. Interest expense currently expects at $189 million against $190 million as previously expected. The company provided earnings guidance for the third quarter of 2015. The company expects net sales in the range of $2.9 billion to $3.0 billion, operating margin high 8% range, adjusted EPS in the range of $1.75 to $1.85 and free cash flow of approx. $150 million. The company expects its free cash flow to return to over $900 million in 2016.

L-3 Communications Considering Strategic Alternatives For NSS Business

L-3 Communications Holdings Inc. (NYSE:LLL) is engaged in a process to evaluate strategic alternatives for the National Security Solutions business to maximize value for the shareholders. These strategic alternatives could include, among other possibilities, a potential sale, spin-off or other divestiture transactions for the business. The review is expected to be concluded by the end of the year, although no timetable has been set.

 

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LLL

Industry Average

Valuation LLL Industry Range
Price/Earnings 15.6x
Price/Sales 0.8x
Price/Book 1.7x
Price/Cash Flow 14.8x
TEV/Sales 0.4x
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