Raytheon (RTN) Tops Q4 EPS by 4c; Issues Solid Outlook

Raytheon (NYSE: RTN) reported Q4 EPS of $1.85, $0.04 better than the analyst estimate of $1.81. Revenue for the quarter came in at $6.3 billion versus the consensus estimate of $6.3 billion.

GUIDANCE:

Raytheon sees FY2016 EPS of $6.80-$7.00, versus the consensus of $7.08. Raytheon sees FY2016 revenue of $24-24.5 billion, versus the consensus of $23.98 billion.

"Raytheon delivered solid operating performance and returned to growth in 2015. Strong bookings during the year from our global customers position us well for continued growth in 2016," said Thomas A. Kennedy, Raytheon Chairman and CEO. "As we look ahead, we remain focused on creating value for our shareholders and customers by delivering strong program execution, while also investing in our future and pursuing a balanced capital deployment strategy."

For earnings history and earnings-related data on Raytheon (RTN) click here.

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