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Earnings Report

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Earnings for August 11: SYMC, TW, ESLT & More

1. Symantec Misses Q1 EPS

Earnings

Symantec (SYMC) reported Q1 EPS of $0.40, $0.03 worse than the analyst estimate of $0.43.

Revenue

Revenue for the quarter came in at $1.5 billion, versus the consensus estimate of $1.53 billion.

Outlook

Symantec sees Q2 2016 EPS of $0.40-$0.43, versus the consensus of $0.45, and Q2 2016 revenue of $1.485 billion-$1.525 billion, versus the consensus of $1.54 billion. The company also sees FY2016 EPS of $1.80-$1.90, versus the consensus of $1.86, and FY2016 revenue of $6.21 billion-$6.35 billion, versus the consensus of $6.27 billion.

2. Towers Watson Beats Q4 Earnings & Revenue Expectations

Earnings

Towers Watson (TW ) reported Q4 EPS of $1.51, versus the consensus estimate of $1.41.

Revenue

Revenue for the quarter came in at $888 million, versus the consensus estimate of $864.91 million.

Outlook

Towers Watson sees Q1 2016 EPS of $1.30-$1.35, versus the consensus of $1.38, and Q1 2016 revenue of $870 million-$885 million, versus the consensus of $891.6 million.

3. Elbit Systems Ltd. Reports Q2 EPS

Earnings

Elbit Systems Ltd. (ESLT ) reported Q2 EPS of $1.25, versus $1.23 reported last year.

Revenue

Revenue for the quarter came in at $749.6 million, versus $702.6 million reported last year.

Outlook

Elbit Systems Ltd. has not given an outlook along with its results.

4. International Game Tech Tops Q2 EPS

Earnings

International Game Tech (IGT) reported Q2 EPS of $0.35, $0.07 better than the analyst estimate of $0.28.

Revenue

Revenue for the quarter came in at $1.29 billion, versus the consensus estimate of $1.3 billion.

Outlook

International Game Tech has not given an outlook along with its results.