Earnings Forecast Research on Raytheon Company (RTN)

Raytheon Company has received $1.59 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 6 Financial Advisor in the Stock Trading Firms. Among 6 Analysts, Bottom line EPS Estimate for the current quarter is $1.57 while the top line estimate is $1.66 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 11.31%.

Raytheon Company reported better than expected with a surprise EPS of 1.08% or $0.02 during its most recent quarterly earnings. The Actual EPS was $1.88 compared to the Estimated EPS of $1.86. Waltham based Raytheon Company Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 27, 2017.

Raytheon Company has a Price to Earnings ratio of 21.25 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 4.25. For the Most Recent Fiscal Year, Raytheon Company has a price to cash ratio of 15.5. For the Trailing twelve month period, company showed a Net Profit Margin of 9.19% and Return on Equity of the stock is 19.77%.

In the last quarter, Raytheon Company reported Annual Earnings of $1.88. Based on the filings, last years Annual Earnings was, $7.55. In the last Quarter, RTN reported a surprise Earnings per Share of 1.08% . The consensus estimate for current quarter is $1.59 and for the current fiscal year, the estimate is $7.36. For the Next fiscal year, the estimate is $8.27 based on the consensus.

Raytheon Company (NYSE:RTN) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 1.39 points or 0.96% at $144.16 with 1,851,995 shares getting traded. Post opening the session at $144.96, the shares hit an intraday low of $143.23 and an intraday high of $145.46 and the price was in this range throughout the day. The company has a market cap of $42,332 million and the number of outstanding shares has been calculated to be 293,647,000 shares. The 52-week high of Raytheon Company (NYSE:RTN) is $152.5797 and the 52-week low is $119.38.

Raytheon Company is a global technology company. The company provides products and services in the areas of defense and commercial electronics, engineering and construction, and business and special mission aircraft. Raytheon has operations throughout the United States and serves customers in numerous countries around the world.


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