RBC Capital Raises Price target Following Raytheon's (RTN) 4c EPS Beat

Wolfe Research Downgrades Raytheon (RTN) to Peerperform

October 23, 2015 9:22 AM EDT

Wolfe Research downgraded Raytheon (NYSE: RTN) from Outperform to Peerperform.

For an analyst ratings summary and ratings history on Raytheon click here. For more ratings news on Raytheon click here.

Shares of Raytheon closed at $117.28 yesterday.

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Cowen Raises Price target to $130 on Raytheon (RTN) Following 3Q15

October 23, 2015 8:14 AM EDT

Cowen reiterated an Outperform rating on Raytheon (NYSE: RTN), and raised the price target to $130.00 (from $120.00), following the company's 3Q15 earnings results. Q3 EPS of $1.47 beat by 7¢ on a 5% organic sales gain with 5¢ of the favorable EPS variance from ops and 4¢ from lower interest... More

Raytheon CFO forecasts strong sales growth in 2016

October 22, 2015 9:39 AM EDT

WASHINGTON (Reuters) - Raytheon Co (NYSE: RTN) expects strong sales growth of 3 percent to 4 percent in 2016 over the midpoint of its current revenue outlook for 2015 of $23 billion to $23.3 billion, Chief Financial Officer Toby O'Brien told analysts on Thursday.

O'Brien said the... More

Raytheon requests debrief after long-range radar contract defeat

October 22, 2015 8:46 AM EDT

WASHINGTON (Reuters) - Raytheon Co (NYSE: RTN) has asked the government for more information about why it lost a contract to build a new long-range radar system before it decides whether or not to challenge the award.

The contract was given to Lockheed... More

Raytheon CFO sees bookings, foreign sales, R&D up in 2015

October 22, 2015 7:55 AM EDT

WASHINGTON (Reuters) - Raytheon Co's (NYSE: RTN) bookings for 2015 will reach $25.5 billion, plus or minus $500 million, topping the company's previous outlook by about $1 billion, Chief Financial Officer Toby O'Brien told Reuters on Thursday.

O'Brien said international sales remained strong and... More

Raytheon (RTN) Tops Q3 EPS by 3c; Bumps FY15 Rev Outlook Slightly

October 22, 2015 7:11 AM EDT

Raytheon (NYSE: RTN) reported Q3 EPS of $1.47, $0.03 better than the analyst estimate of $1.44. Revenue for the quarter came in at $5.8 billion versus the consensus estimate of $5.76 billion.

Raytheon still sees FY2015 EPS of $6.47-$6.62, versus the consensus of $6.66. Raytheon bumped FY2015 revenue to... More

Raytheon posts sharp drop in profit; lifts 2015 revenue forecast

October 22, 2015 7:03 AM EDT

By Andrea Shalal

WASHINGTON (Reuters) - Raytheon Co (NYSE: RTN), maker of the Patriot missile system, on Thursday reported sharply lower net earnings and bookings in the third quarter, but said revenues for the full year would be higher than expected, with further growth seen in 2016.

The company's upbeat outlook drove shares over 4 percent higher to $117.49 on the New York Stock Exchange.

Chief Financial Officer Toby O'Brien said the drop in quarterly earnings was due to the mix of products, internal investments in new technologies, and costs related to the company's $1.9 billion Websense... More

Trading Radar for 10/22: AT&T (T), Microsoft (MSFT), Alphabet (GOOG), Amazon (AMZN), Caterpillar (CAT), 3M (MMM), Dow (DOW) Report

October 21, 2015 2:16 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 265kContinuing Claims - Street sees 2.198M

9:00am EDT

FHFA Housing Price Index - no Street consensus

Earnings:

3M Co. (NYSE: MMM) - consensus EPS $2.05
Acorda Therapeutics (Nasdaq: ACOR) - consensus EPS $0.15
Adeptus Health Inc. (Nasdaq: ADPT) - consensus EPS $0.25
Alaska Air Group (NYSE:... More