Raytheon Reports Strong Third Quarter 2017 Results

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Raytheon (RTN) PT Raised to $204 at Jefferies Following Solid 3Q

October 27, 2017 9:10 AM EDT

Jefferies raised its price target on Raytheon (NYSE: RTN) to $204.00 (from $190.00) while maintaining a Buy rating following the company's 3Q. Results were solid driven by performance within Missile Systems.

Jefferies' 2017 EPS estimate of $7.55 is unchanged. 2018 EPS estimates were lowered to $8 for... More

Raytheon (RTN) Tops Q3 EPS by 6c; Raises Outlook

October 26, 2017 6:57 AM EDT

Raytheon (NYSE: RTN) reported Q3 EPS of $1.97, $0.06 better than the analyst estimate of $1.91. Revenue for the quarter came in at $6.3 billion versus the consensus estimate of $6.33 billion.

GUIDANCE:

Raytheon sees FY2017 EPS of $7.45-$7.55, versus prior $7.35-$7.50 and the consensus of... More