Raytheon (RTN) Tops Q3 EPS by 13c, Lifts Outlook but In-Line with Street
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Raytheon Reports Strong Third Quarter 2016 Results
October 27, 2016 6:55 AM EDTWALTHAM, Mass., Oct. 27, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced net sales for the third quarter 2016 of $6.0 billion, up 4 percent compared to $5.8 billion in the third quarter 2015.
Third quarter 2016 EPS from continuing operations was $1.79 compared to $1.47 in the third quarter 2015. Third quarter 2016 EPS from continuing operations included a favorable FAS/CAS Adjustment of $0.23 compared to a favorable FAS/CAS Adjustment of $0.09 in the third quarter 2015.
"The Company's strong operating performance in the third quarter reflects our continued focus on driving global growth and creating value for our customers... More
