Raytheon Reports Strong Second Quarter 2016 Results

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Raytheon (RTN) Tops Q2 EPS by 64c; Raises Outlook

July 28, 2016 7:00 AM EDT

Raytheon (NYSE: RTN) reported Q2 EPS of $2.38, $0.64 better than the analyst estimate of $1.74. Revenue for the quarter came in at $6 billion versus the consensus estimate of $5.83 billion.

Strong bookings of $7.1 billion; book-to-bill ratio of 1.18.

"The Company had strong second quarter operating results, with... More