In the newest buying and selling session, Raytheon (RTN) closed at $217.22, marking a +1.08% transf
In the newest buying and selling session, Raytheon (RTN) closed at $217.22, marking a +1.08% transfer from the day gone by. This transfer outpaced the S&P 500’s day by day achieve of 0.91%. Elsewhere, the Dow gained 1.22%, whereas the tech-heavy Nasdaq added 1%.
Heading into as we speak, shares of the protection contractor had misplaced 0.05% over the previous month, lagging the Aerospace sector’s achieve of 0.88% and the S&P 500’s achieve of 1.65% in that point.
RTN will probably be seeking to show power because it nears its subsequent earnings launch. The corporate is predicted to report EPS of $3.12, up 6.48% from the prior-year quarter. Our most up-to-date consensus estimate is asking for quarterly income of $8.03 billion, up 9.07% from the year-ago interval.
Wanting on the full 12 months, our Zacks Consensus Estimates recommend analysts expect earnings of $11.86 per share and income of $29.29 billion. These totals would mark adjustments of +11.78% and +8.25%, respectively, from final 12 months.
Traders also needs to be aware any current adjustments to analyst…