Raytheon Reports Strong Second Quarter 2017 Results

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Raytheon (RTN) PT Raised to $185 at Stifel Reiterates Buy

July 28, 2017 9:06 AM EDT

Stifel raised its price target on Raytheon (NYSE: RTN) to $185.00 (from $175.00) while maintaining a Buy rating. RTN posted strong 2Q17 EPS of $1.89, above the consensus estimate of $1.76. Quarterly revenue of $6.281B was also better than expected, beating consensus.

Based on 2Q17 results, Raytheon... More

Raytheon (RTN) Tops Q2 EPS by 13c, Updates Outlook

July 27, 2017 6:58 AM EDT

Raytheon (NYSE: RTN) reported Q2 EPS of $1.89, $0.13 better than the analyst estimate of $1.76. Revenue for the quarter came in at $6.3 billion versus the consensus estimate of $6.23 billion.

GUIDANCE:

Raytheon sees FY2017 EPS of $7.35-$7.50, versus the consensus of $7.48. Raytheon sees... More