Raytheon Reports Solid First Quarter 2016 Results

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Raytheon (RTN) Tops Q1 EPS by 5c; Lifts Outook

April 28, 2016 6:58 AM EDT

Raytheon (NYSE: RTN) reported Q1 EPS of $1.43, $0.05 better than the analyst estimate of $1.38. Revenue for the quarter came in at $5.8 billion versus the consensus estimate of $5.45 billion.

GUIDANCE:

Raytheon sees FY2016 EPS of $6.93-$7.13, versus prior guidance of $6.80-$7.00 and... More