Raytheon (RTN) Tops Q3 EPS by 3c; Bumps FY15 Rev Outlook Slightly
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Raytheon (NYSE: RTN) reported Q3 EPS of $1.47, $0.03 better than the analyst estimate of $1.44. Revenue for the quarter came in at $5.8 billion versus the consensus estimate of $5.76 billion.
Raytheon still sees FY2015 EPS of $6.47-$6.62, versus the consensus of $6.66. Raytheon bumped FY2015 revenue to $23-23.3 billion, versus prior guidance of $22.7-23.2 billion and the consensus of $23.04 billion.
"I'm very pleased with our strong revenue growth and cash flow generation in the third quarter," said Thomas A. Kennedy, Raytheon Chairman and CEO. "The Raytheon team remains focused on driving future growth by developing and delivering innovative solutions that address our global customers' most complex challenges."
For earnings history and earnings-related data on Raytheon (RTN) click here.
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