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

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Raytheon Reports Solid Fourth Quarter and Full-Year 2015 Results

January 28, 2016 6:56 AM EST

WALTHAM, Mass., Jan. 28, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced net sales for the fourth quarter 2015 of $6.3 billion, up 3 percent compared to $6.1 billion in the fourth quarter 2014. Fourth quarter 2015 EPS from continuing operations was $1.85 compared to $1.86 in the fourth quarter 2014. Fourth quarter 2015 EPS from continuing operations included, as expected, an $0.08 unfavorable impact associated with acquisition accounting adjustments related to Forcepoint, formerly known as Raytheon|Websense.

Net sales in 2015 were $23.2 billion, up 2 percent compared to $22.8 billion in 2014. Full-year 2015 EPS from continuing operations was $6.75 compared to $6.97 for the full-year 2014. Full-year 2015 EPS from... More