211.25 +0.18 (0.09%)
After hours: 5:40PM EDT
|Bid||210.50 x 300|
|Ask||212.21 x 100|
|Day's Range||204.54 - 213.78|
|52 Week Range||154.01 - 229.75|
|PE Ratio (TTM)||30.38|
|Earnings Date||Apr 26, 2018|
|Forward Dividend & Yield||3.47 (1.56%)|
|1y Target Est||241.47|
Raytheon expects missile defense demand to remain strong, in the Asia region specifically, regardless of what happens in expected U.S.-North Korea talks.
U.S. equities are rallying on Thursday, pushing the S&P 500 once more away from its 200-day moving average thanks to the ongoing flow of positive earnings results.
Tomahawk missile maker Raytheon Co reported a better-than-expected 26 percent increase in quarterly profit on Thursday, but its shares slipped about 2 percent as investors fretted that growth reflected tax cuts, not strong demand. The company was the latest in the defense sector whose results disappointed investors this week, following reports from Lockheed Martin Corp and General Dynamics Corp that also raised concerns that defense spending will remain strong past next year. Raytheon Chief Financial Officer Toby O'Brien told Reuters in an interview that about two-thirds of the increase in projected earnings per share was due to tax cuts pushed by U.S. President Donald Trump and passed by the Republican-controlled Congress last year.
Raytheon's (RTN) first-quarter revenues of $6,267 million witnessed 4.5% year-over-year growth. The reported number also surpassed the Zacks Consensus Estimate of $6,173.2 million by 1.5%.
Raytheon Co. shares rose 2% in premarket trade Thursday after the company reported first-quarter profit and revenue beats and raised its 2018 guidance. Earnings for the latest quarter rose to $633 million, ...
On a per-share basis, the Waltham, Massachusetts-based company said it had net income of $2.19. Earnings, adjusted to account for discontinued operations, came to $2.20 per share. The results exceeded ...
- Net sales of $6.3 billion , up 4.5 percent - EPS from continuing operations of $2.20 , up 27.2 percent - Operating cash flow from continuing operations of $283 million - Increased annual dividend by ...
The U.S. government will reduce its administrative surcharge on foreign arms sales to 3.2 percent from 3.5 percent from June as part of a broader effort to make U.S. weapons more competitive internationally, a top U.S. official told Reuters on Wednesday. U.S. Lieutenant General Charles Hooper, director of the Defense Security Cooperation Agency, announced the change during an interview at the ILA Berlin Air Show, where Lockheed Martin Corp (LMT.N), Boeing Co (BA.N) and U.S. companies are showcasing helicopters, fighter jets and other military equipment. "This rate reduction will immediately reduce the cost of new business for our international partners," said Hooper, whose agency facilitates all foreign military sales.
Raytheon (RTN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Russia has gotten its hands on an U.S. Tomahawk cruise missile and it's going to study it to improve its own weapon systems, the Defense Ministry said Wednesday. Russia said it would study the Tomahawk and would use it to improve Russian weapon systems.
Shares of top defense companies fell Tuesday amid a broader market sell-off. The stocks fell amid President Donald Trump's talks with French President Emmanuel Macron on defense issues such as the Iran nuclear deal and denuclearization of the Korean peninsula. The S&P 500 Aerospace & Defense index , comprised of 13 manufacturers, closed down more than 3 percent.
On the bottom-line front, lower tax expenses and in-line interest expenses are expected to provide an impetus to Raytheon (RTN).
Analysts expect Boeing (BA) to post adjusted EPS (earnings per share) of $2.56 in 1Q18, representing 27.2% growth YoY (year-over-year). In fiscal 2018, they expect the company to report adjusted EPS of $14.10, reflecting 37% growth from its adjusted EPS of $10.30 in 2017. Boeing has guided for adjusted EPS of $13.80–$14.
In this part, we’ll discuss analysts’ estimates for Boeing’s (BA) 1Q18 revenue. Analysts now expect Boeing’s revenue to be $22.1 billion, after revising their estimate upward by $300.0 million. In fiscal 2018, they anticipate the company to report revenue of $97.1 billion, 4% higher than Boeing’s 2017 revenue of $93.3 billion.
Top defense stocks are at or near buy range. Lockheed, Boeing, Raytheon, Northrop and General Dynamics are slated to report first-quarter earnings this coming week.
Boeing (BA), the world’s largest aerospace company, is set to declare its 1Q18 results on April 25, 2018, before markets open. The company plans to discuss the results of operations with investors and analysts at 10:30 AM ET (Eastern Time) that day.
The Air Force's space community is in a near panic over recent advances that Russia and China have made in space. The problem isn't that Moscow and Beijing are matching the performance of U.S. military satellites -- it's that they are fielding systems for degrading or destroying our satellites. It simply wasn't expecting the danger to materialize quickly, so existing satellites lack the necessary features.
Agreement augments conventional cyber defenses with innovative commercial technology DULLES, Va. , April 23, 2018 /PRNewswire/ -- Raytheon Company (NYSE:RTN) announced an alliance with Virsec to bring ...
WALTHAM, Mass., April 23, 2018 /PRNewswire/ -- The Institute of Internal Auditors has inducted Raytheon vice president of Internal Audit Larry Harrington into the American Hall of Distinguished Audit Practitioners. Established in 1941, IIA is an international association with 200,000 members providing leadership and professional development for the internal audit profession. "Larry's energy, passion and sense of urgency are contagious," said IIA CEO, Richard Chambers.
I am going to run you through how I calculated the intrinsic value of Raytheon Company (NYSE:RTN) using the discounted cash flow (DCF) method. If you want to learn moreRead More...
The following five stocks are currently in the midst of very strong trends and, according to VantagePoint , are likely to continue in that direction for the time being. Apache Apache Corporation (NYSE: ...
Lithuania wants the United States to bring more defence systems such as long-range Patriot and short-range Avenger missiles to the Baltics where some fear Russia is more powerful in the air. The country ...
The number of analysts tracking Sherwin-Williams (SHW) since its 4Q17 earnings has increased from 24 analysts to 26 analysts. 69% of the analysts gave “buy” recommendations, 31% of the analysts gave “hold” recommendations, and none of the analysts recommended a “sell” for Sherwin-Williams.
Lockheed was awarded a key hypersonic weapons contract from the Air Force late Wednesday as Russia and China push the race to develop the disruptive technology.