HRS
$90.88
Harris
$.07
.08%

Earnings History

Earnings
Revenue
Reaction
Drift
Reaffirms
FY 2012
10/26/2011
4:03:00 PM
$5.10 to $5.30
$6.15 bil to $6.30 bil
$5.06
$6.18 bil
4.0%
-1.8%
Guidance:
Consensus:
Harris Guides Reaffirms

Harris Corp. said it continues to expect fiscal 2012 earnings of $5.10 to $5.30 per share on revenue of $6.15 billion to $6.30 billion. The current consensus earnings estimate is $5.06 per share on revenue of $6.18 billion for the year ending June 30, 2012.
Revenue Below Estimates
FY 2012
1/31/2012
4:00:01 AM
$5.10 to $5.30
$6.00 bil
$5.11
$6.20 bil
4.6%
6.5%
Guidance:
Consensus:
Harris Lowers Revenue Guidance

Harris Corp. said it continues to expect fiscal 2012 earnings of $5.10 to $5.30 per share but now expects revenue of approximately $6.00 billion. The company's previous guidance was revenue of $6.15 billion to $6.30 billion and the current consensus earnings estimate is $5.11 per share on revenue of $6.20 billion for the year ending June 30, 2012.
In-line Guidance
FY 2013
7/31/2012
6:30:01 AM
$5.10 to $5.30
-1.2%
7.2%
Guidance:
Consensus:
Harris Guides In-line

Harris Corp. said it expects fiscal 2013 earnings of $5.10 to $5.30 per share. The current consensus earnings estimate is $5.16 per share for the year ending June 30, 2013.
Reaffirms
FY 2013
10/29/2012
6:30:00 AM
$5.10 to $5.30
$5.13
-
-
Guidance:
Consensus:
Harris Reaffirms

Harris Corp. said it continues to expect fiscal 2013 earnings of $5.10 to $5.30 per share. The current consensus earnings estimate is $5.13 per share for the year ending June 30, 2013.
Lowers Guidance In-line with Estimates
FY 2013
1/29/2013
6:30:01 AM
$5.00 to $5.20
$5.15
-4.4%
-5.1%
Guidance:
Consensus:
Harris Lowers Guidance, but Remains In-line with Estimates

Harris Corp. said it now expects 2013 earnings of $5.00 to $5.20 per share. The company's previous guidance was earnings of $5.10 to $5.30 per share and the current consensus earnings estimate is $5.15 per share for the year ending June 30, 2013.
EPS & Revenue Below Estimates
Q 03/2013
4/11/2013
4:20:01 PM
$1.12
$1.26
$1.32 bill
-5.4%
-6.3%
Guidance:
Consensus:
Harris Lowers Guidance

Harris Corp. said it expects third quarter earnings of approximately $1.12 per share on revenue of approximately $1.20 billion. The current consensus earnings estimate is $1.26 per share on revenue of $1.32 billion for the quarter ending March 31, 2013. The company also said it now expects fiscal 2013 earnings of $4.60 to $4.70 per share. The company's previous guidance was earnings of $5.00 to $5.20 per share and the current consensus earnings estimate is $5.02 per share on revenue of $5.26 billion for the year ending June 30, 2013.
Reaffirms
FY 2013
4/30/2013
6:30:00 AM
$4.60 to $4.70
$4.66
3.6%
4.9%
Guidance:
Consensus:
Harris Reaffirms

Harris Corp. said it continues to expect 2013 earnings of $4.60 to $4.70 per share. The current consensus earnings estimate is $4.66 per share for the year ending June 30, 2013.
EPS Above Estimates
FY 2014
7/30/2013
6:30:01 AM
$4.65 to $4.85
7.8%
6.3%
Guidance:
Consensus:
Harris Guides Earnings Above Estimates

Harris Corp. said it expects 2014 earnings of $4.65 to $4.85 per share on revenue of $4.96 billion to $5.06 billion. The current consensus earnings estimate is $4.63 per share on revenue of $4.99 billion for the year ending June 30, 2014.
Reaffirms
FY 2014
10/29/2013
6:30:00 AM
$4.65 to $4.85
$4.96 bil to $5.06 bil
$4.74
$4.99 bil
5.7%
3.9%
Guidance:
Consensus:
Harris Reaffirms

Harris Corp. said it continues to expect fiscal 2014 earnings of $4.65 to $4.85 per share on revenue of $4.96 billion to $5.06 billion. The current consensus earnings estimate is $4.74 per share on revenue of $4.99 billion for the year ending June 30, 2014.
Raises Guidance In-line with Estimates
FY 2014
1/28/2014
6:30:07 AM
$4.80 to $4.90
$4.96 bil to $5.06 bil
$4.80
$4.98 bil
2.5%
-6.8%
Guidance:
Consensus:
Harris Raises Guidance, but Remains In-line with Estimates

Harris Corp. said it now expects fiscal 2014 earnings of $4.80 to $4.90 per share and continues to expect revenue of $4.96 billion to $5.06 billion. The company's previous guidance was earnings of $4.65 to $4.85 per share and the current consensus earnings estimate is $4.80 per share on revenue of $4.98 billion for the year ending June 30, 2014.
Revises Guidance
FY 2014
4/29/2014
6:30:29 AM
$4.90 to $5.00
$4.96 bil to $5.01 bil
$4.93
$4.97 bil
1.8%
0.9%
Guidance:
Consensus:
Harris Revises Guidance

Harris Corp. said it now expects fiscal 2014 earnings of $4.90 to $5.00 per share on revenue of $4.96 billion to $5.01 billion. The company's previous guidance was earnings of $4.80 to $4.90 per share and continues to expect revenue of $4.96 billion to $5.06 billion and the current consensus earnings estimate is $4.93 per share on revenue of $4.97 billion for the year ending June 30, 2014.
In-line Guidance
FY 2015
7/29/2014
6:30:19 AM
$4.75 to $5.00
-5.8%
-4.4%
Guidance:
Consensus:
Harris Guides In-line

Harris Corp. said it expects fiscal 2015 earnings of $4.75 to $5.00 per share. The current consensus earnings estimate is $4.96 per share for the year ending June 30, 2015.
Reaffirms
FY 2015
10/28/2014
6:30:15 AM
$4.75 to $5.00
$4.87
0.5%
3.0%
Guidance:
Consensus:
Harris Reaffirms

Harris Corp. said it continues to expect fiscal 2015 earnings of $4.75 to $5.00 per share. The current consensus earnings estimate is $4.87 per share for the year ending June 30, 2015.
EPS Above Estimates
FY 2015
2/6/2015
6:00:16 AM
$4.95 to $5.05
$4.86
9.6%
1.9%
Guidance:
Consensus:
Harris Raises Guidance

Harris Corp. said it expects fiscal 2015 earnings of $4.95 to $5.05 per share. The company's previous guidance was earnings of $4.75 to $5.00 per share and the current consensus earnings estimate is $4.86 per share for the year ending June 30, 2015.
Raises Guidance In-line with Estimates
FY 2015
4/21/2015
7:00:02 AM
$5.00 to $5.10
$5.02
3.3%
1.9%
Guidance:
Consensus:
Harris Raises Guidance, but Remains In-line with Estimates

Harris Corp. said it now expects fiscal 2015 earnings of $5.00 to $5.10 per share. The company's previous guidance was earnings of $4.95 to $5.05 per share and the current consensus earnings estimate is $5.02 per share for the year ending June 30, 2015.
Reaffirms
FY 2015
5/5/2015
6:30:00 AM
$5.00 to $5.10
$5.02
-1.5%
-3.2%
Guidance:
Consensus:
Harris Reaffirms

Harris Corp. said it continues to expect fiscal 2015 earnings of $5.00 to $5.10 per share. The current consensus earnings estimate is $5.02 per share for the year ending June 30, 2015.
EPS In-line/Revenue Below
FY 2016
8/7/2015
6:30:00 AM
$5.60 to $5.80
-1.7%
0.0%
Guidance:
Consensus:
Harris Guides Revenue Below Estimates

Harris Corp. said it expects fiscal 2016 non-GAAP earnings of $5.60 to $5.80 per share on revenue of $7.67 billion to $7.83 billion. The current consensus earnings estimate is $5.76 per share on revenue of $7.98 billion for the year ending June 30, 2016.
Reaffirms
FY 2016
11/3/2015
6:30:01 AM
$5.60 to $5.80
$7.67 bil to $7.83 bil
$5.73
$7.73 bil
1.6%
0.8%
Guidance:
Consensus:
Harris Reaffirms

Harris Corp. said it continues to expect fiscal 2016 earnings of $5.60 to $5.80 per share on revenue of $7.67 billion to $7.83 billion. The current consensus earnings estimate is $5.73 per share on revenue of $7.73 billion for the year ending June 30, 2016.
EPS In-line/Revenue Below
FY 2016
2/2/2016
6:30:03 AM
$5.70 to $5.80
$7.60 bil to $7.68 bil
$5.74
$7.72 bil
-9.8%
-13.4%
Guidance:
Consensus:
Harris Provides Mixed Guidance

Harris Corp. said it expects fiscal 2016 earnings of $5.70 to $5.80 per share on revenue of $7.60 billion to $7.68 billion. The company's previous guidance was earnings of $5.60 to $5.80 per share on revenue of $7.67 billion to $7.83 billion and the current consensus earnings estimate is $5.74 per share on revenue of $7.72 billion for the year ending June 30, 2016.
EPS & Revenue Below Estimates
FY 2016
5/3/2016
6:30:09 AM
$5.70
$7.50 bil
$5.73
$7.61 bil
-5.5%
-0.8%
Guidance:
Consensus:
Harris Lowers Guidance

Harris Corp. said it expects fiscal 2016 earnings of approximately $5.70 per share on revenue of approximately $7.50 billion. The company's previous guidance was earnings of $5.70 to $5.80 per share on revenue of $7.60 billion to $7.68 billion and the current consensus earnings estimate is $5.73 per share on revenue of $7.61 billion for the year ending June 30, 2016.
EPS Below Estimates
FY 2017
8/2/2016
6:30:04 AM
$5.70 to $5.90
2.7%
4.8%
Guidance:
Consensus:
Harris Guides Below Estimates

Harris Corp. said it expects fiscal 2017 earnings of $5.70 to $5.90 per share. The current consensus earnings estimate is $5.93 per share for the year ending June 30, 2017.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
10/26/2011
4:03:00 PM
Sep '11
Q1 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$1.06
$1.5 Bil
-
$1.05
$1.5 Bil
1.0%
0.0%
-22.2%
3.9%
5.0%
-1.8%
1/31/2012
4:00:01 AM
Dec '11
Q2 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$1.22
$1.4 Bil
-
$1.18
$1.5 Bil
3.4%
-3.6%
-5.2%
0.5%
0.8%
-
5/1/2012
6:30:01 AM
Mar '12
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$1.39
$1.5 Bil
-
$1.34
$1.5 Bil
3.7%
0.4%
6.8%
4.4%
-3.4%
-
7/31/2012
6:30:01 AM
Jun '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$1.42
$1.4 Bil
-
$1.42
$1.4 Bil
-
0.4%
3.6%
-13.9%
-0.6%
-
1/29/2013
6:30:01 AM
Dec '12
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$1.25
$1.3 Bil
-
$1.20
$1.3 Bil
4.2%
-1.8%
1.8%
-11.0%
-0.9%
-
4/30/2013
6:30:00 AM
Mar '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$1.12
$1.2 Bil
$1.12
$1.12
$1.3 Bil
-
-8.8%
-21.2%
-18.4%
0.9%
-
7/30/2013
6:30:01 AM
Jun '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$1.41
$1.4 Bil
-
$1.14
$1.3 Bil
23.7%
3.8%
-5.1%
-5.3%
1.9%
-
10/29/2013
6:30:00 AM
Sep '13
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$1.18
$1.2 Bil
-
$1.13
$1.2 Bil
4.4%
-2.3%
-
-
0.7%
-
1/28/2014
6:30:07 AM
Dec '13
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$1.27
$1.2 Bil
-
$1.17
$1.2 Bil
8.5%
-1.4%
-3.5%
-4.9%
5.2%
-
4/29/2014
6:30:29 AM
Mar '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.27
$1.3 Bil
-
$1.19
$1.2 Bil
6.7%
3.0%
9.8%
5.3%
2.4%
-
7/29/2014
6:30:19 AM
Jun '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.28
$1.3 Bil
-
$1.27
-
0.8%
-
-10.3%
-2.2%
-0.1%
-
10/28/2014
6:30:15 AM
Sep '14
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$1.18
$1.2 Bil
$1.11
$1.10
$1.2 Bil
6.3%
0.5%
-1.9%
-3.1%
0.6%
-
2/6/2015
6:00:16 AM
Dec '14
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.32
$1.2 Bil
$1.21
$1.17
$1.2 Bil
9.1%
2.2%
1.7%
-1.4%
9.8%
-
5/5/2015
6:30:00 AM
Mar '15
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$1.32
$1.2 Bil
-
$1.23
$1.2 Bil
7.3%
-3.5%
0.7%
-6.4%
-0.2%
-
8/7/2015
6:30:00 AM
Jun '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.32
$1.5 Bil
$1.24
$1.21
$1.2 Bil
6.5%
23.8%
7.5%
15.5%
-0.1%
-
11/3/2015
6:30:01 AM
Sep '15
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.31
$1.8 Bil
-
$1.28
$1.9 Bil
2.3%
-2.1%
30.3%
56.7%
-1.7%
-
2/2/2016
6:30:03 AM
Dec '15
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.49
$1.8 Bil
$1.40
$1.36
$1.9 Bil
6.4%
-2.5%
34.1%
52.8%
-3.1%
-
5/3/2016
6:30:09 AM
Mar '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.45
$1.9 Bil
-
$1.40
$1.9 Bil
3.6%
-0.6%
31.6%
60.9%
-4.5%
-
8/2/2016
6:30:04 AM
Jun '16
Q4 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.45
$1.9 Bil
-
$1.44
$1.9 Bil
0.7%
-1.9%
23.6%
24.0%
0.0%
-
EPS
Rev
-
-
-
$1.37
$1.8 Bil
-
-
4.6%
-3.4%
EPS
Rev
-
-
-
$1.40
$1.8 Bil
-
-
-6.0%
-4.0%
8/2/2011
$37.98
$4.83
$5.92 Bil
-
-
-
7/31/2012
$41.65
$5.20
$5.45 Bil
7.7%
-8.0%
9.7%
7/30/2013
$56.98
$4.90
$5.11 Bil
-5.8%
-6.2%
36.8%
7/29/2014
$68.15
$5.05
$5.01 Bil
3.1%
-2.0%
19.6%
8/7/2015
$81.57
$5.14
$5.08 Bil
1.8%
1.4%
19.7%
8/2/2016
$87.97
$5.70
$7.47 Bil
10.9%
46.9%
7.8%
8/2/2017
$90.88
$5.74
$7.26 Bil
0.7%
-2.8%
3.3%
8/2/2018
$85.44
$6.19
$7.55 Bil
7.8%
4.0%
-6.0%
8/2/2019
-
$7.45
-
20.4%
-
-

Price Projection

Current Value
$71
-22%
Projected Price
$85
-6%