Raytheon Reports Solid Second Quarter 2015 Results

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Raytheon (RTN) PT Raised to $132 at RBC Capital

July 23, 2015 1:45 PM EDT

RBC Capital analyst Robert Stallard reiterated an Outperform rating and boosted his price target on Raytheon (NYSE: RTN) to $132.00 (from $121.00) following Q2 results.

The firm also raised 2015 EPS estimate from $6.20 to $6.72, whilst 2016 goes from $6.27 to $7.19.

"With a strong organic performance... More

Raytheon (RTN) Tops Q2 EPS by 3c, Updates FY15 Guidance

July 23, 2015 7:46 AM EDT

Raytheon (NYSE: RTN) reported Q2 EPS of $1.65, $0.03 better than the analyst estimate of $1.62. Revenue for the quarter came in at $5.8 billion versus the consensus estimate of $5.48 billion.

Raytheon sees FY2015 EPS of $6.47-$6.62, versus prior guidance of $6.67-$6.82 and the consensus of $6.39. Raytheon... More