Harris Falls After 2010 Outlook Misses Estimate
Stock quotes in this article:
HRS
"While the stock is likely to trade down on lower guidance, we believe the bar has been fairly reset, the valuation is attractive, and future news flow is likely to be positive (new contracts)," he said.
Quilty also lowered his 2009 earnings per share estimate to $3.91 from $4.03 and his 2010 earnings per share estimate to $3.19 from $4.34. Besides its reduced outlook, Harris also on Tuesday evening said its fiscal third-quarter earnings rose 6 percent. In afternoon trading shares fell $2.80, or 8.7 percent, to $29.39.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,405.83 | 1,102.35 | 2,190.86 | 34.82 |
Oil *
71.98
|
|
UP
68.78
|
UP
6.41
|
UP
7.13
|
UP
0.59
|
10 Yr
3.48%
SPDR Gold
110.82
|
|
+0.67%
|
+0.58%
|
+0.33%
|
+1.72%
|
Data delayed 20 minutes |
