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

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

Raytheon Reports Strong Third Quarter 2017 Results

October 26, 2017 6:55 AM EDT

WALTHAM, Mass., Oct. 26, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced net sales for the third quarter 2017 of $6.3 billion, up 4.5 percent compared to $6.0 billion in the third quarter 2016. Third quarter 2017 EPS from continuing operations was $1.97 compared to $1.84 in the third quarter 2016. The increase in the third quarter 2017 EPS from continuing operations was primarily driven by operational improvements.

"We delivered strong bookings and solid operating performance in the third quarter," said Thomas A. Kennedy, Raytheon Chairman and CEO. "Global customer demand drove an increase in our backlog, which positions us well for... More