Raytheon Reports Strong Second Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- SK Hynix’s record plunge drags down global chip stocks
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- Ditching streaming could boost Disney stock by 40%, Wells Fargo says
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
Raytheon (RTN) Tops Q2 EPS by 64c; Raises Outlook
July 28, 2016 7:00 AM EDTRaytheon (NYSE: RTN) reported Q2 EPS of $2.38, $0.64 better than the analyst estimate of $1.74. Revenue for the quarter came in at $6 billion versus the consensus estimate of $5.83 billion.
Strong bookings of $7.1 billion; book-to-bill ratio of 1.18.
"The Company had strong second quarter operating results, with... More

