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

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

Raytheon Reports Strong Second Quarter 2017 Results

July 27, 2017 6:55 AM EDT

WALTHAM, Mass., July 27, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced net sales for the second quarter 2017 of $6.3 billion, up 4.2 percent compared to $6.0 billion in the second quarter 2016. Second quarter 2017 EPS from continuing operations was $1.89 compared to $2.41 in the second quarter 2016. Second quarter 2017 EPS from continuing operations included a $0.09 charge associated with the early retirement of debt. Second quarter 2016 EPS from continuing operations included a tax-free gain of $0.53 related to the previously disclosed ThalesRaytheonSystems (TRS) transaction.

"Global customer demand for our advanced capabilities continues to drive growth, resulting in... More