Wolfe Research Downgrades Raytheon (RTN) to Peerperform

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

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

October 23, 2015 7:30 AM EDT

RBC Capital reiterated a Top Pick rating on Raytheon (NYSE: RTN), and raised the price target to $133.00 (from $132.00), following the company's 3Q15 earnings results. Raytheon reported 3Q15 EPS of $1.47, ahead of consensus at $1.43.

Analyst Robert Stallard commented, "Raytheon reported 3Q15 EPS of $1.47, ahead of... 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