Raytheon (RTN) Tops Q4 EPS by 4c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus, Provides FY19 Revenue Outlook

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Raytheon Reports Strong Fourth Quarter and Full-Year 2018 Results

January 31, 2019 6:55 AM EST

WALTHAM, Mass., Jan. 31, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced net sales for the fourth quarter 2018 of $7.4 billion, up 8.5 percent compared to $6.8 billion in the fourth quarter 2017. Fourth quarter 2018 EPS from continuing operations was $2.93 compared to $1.35 in the fourth quarter 2017. The increase in the fourth quarter 2018 EPS from continuing operations was primarily driven by operational improvements and lower taxes primarily associated with tax reform.

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