Exelis reports third-quarter 2012 financial results; maintains 2012 full-year outlook

 
Exelis Inc.
2012 Guidance Midpoint
 
Twelve Months Ending
($ million, except per share)   December 31, 2012
Sales, Guidance Mid Point Estimate   5,450  
     
Operating Income, Guidance Mid Point Estimate   567  
     
Separation Costs   27  
     
Adjusted Operating Income, Guidance Mid Point Estimate   594  
     
Operating Margin, Guidance Mid Point Estimate 10.4 %
Adjusted Operating Margin, Guidance Mid Point Estimate   10.9 %
     
Net Income, Guidance Mid Point Estimate 327
Separation Costs, net of tax   17  
     
Adjusted Net Income, Guidance Mid Point Estimate   344  
     
Net Income per fully diluted share, Guidance Mid Point Estimate $1.74
Adjusted Net Income per fully diluted share, Guidance Mid Point Estimate   $1.83  
 
Weighted Average number shares outstanding diluted 188.5

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