Markets

Raytheon Lifts 2019 Profit View

(RTTNews) - Raytheon Co. (RTN) said it raised its 2019 earnings per share from continuing operations guidance to a range of $11.70 - $11.80 from the prior estimation of $11.50 - $11.70 per share. Analysts polled by Thomson Reuters expected the company to report earnings of $11.74 per share. Analysts' estimates typically exclude special items.

The company now expects annual net sales to be in the range of $29.1 billion - $29.4 billion, compared to the prior estimation of $28.8 billion - $29.3 billion. Analysts expects revenues of $29.08 billion.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Markets Videos

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More