Raytheon (RTN) Features However Lags Market: What You Ought to Know

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Raytheon (RTN) Features However Lags Market: What You Ought to Know

In the most recent buying and selling session, Raytheon (RTN) closed at $198.96, marking a +0.18% t


In the most recent buying and selling session, Raytheon (RTN) closed at $198.96, marking a +0.18% transfer from the day past. This alteration lagged the S&P 500’s 1.09% acquire on the day. Elsewhere, the Dow gained 1.21%, whereas the tech-heavy Nasdaq added 1.34%.

Previous to as we speak’s buying and selling, shares of the protection contractor had gained 0.59% over the previous month. This has lagged the Aerospace sector’s acquire of 0.83% and outpaced the S&P 500’s lack of 1.17% in that point.

RTN will probably be seeking to show power because it nears its subsequent earnings launch, which is predicted to be October 24, 2019. On that day, RTN is projected to report earnings of $2.86 per share, which might signify year-over-year progress of 27.11%. In the meantime, the Zacks Consensus Estimate for income is projecting internet gross sales of $7.22 billion, up 6.06% from the year-ago interval.

For the complete yr, our Zacks Consensus Estimates are projecting earnings of $11.73 per share and income of $28.94 billion, which might signify adjustments of +10.56% and +6.94%, respectively, from the prior yr.



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