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

Raytheon (NYSE: RTN) reported Q4 EPS of $2.93, $0.04 better than the analyst estimate of $2.89. Revenue for the quarter came in at $7.35 billion versus the consensus estimate of $7.46 billion.

"Raytheon had a very successful year in 2018. We accelerated our sales growth yet again and achieved a new company record for operating cash flow," said Thomas A. Kennedy, Raytheon Chairman and CEO. "We ended the year with record bookings and backlog which positions us well for 2019 and beyond."

GUIDANCE:

Raytheon sees FY2019 EPS of $11.40-$11.60, versus the consensus of $11.78. Raytheon sees FY2019 revenue of $28.6-29.1 billion, versus the consensus of $29.01 billion.

For earnings history and earnings-related data on Raytheon (RTN) click here.

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