Raytheon (NYSE:RTN) will be posting its quarterly earnings results before the market opens on Thursday, January 31st. Analysts expect Raytheon to post earnings of $2.88 per share for the quarter.

Raytheon (NYSE:RTN) last released its earnings results on Thursday, October 25th. The aerospace company reported $2.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.97 by $0.28. Raytheon had a return on equity of 24.43% and a net margin of 9.33%. The firm had revenue of $6.81 billion for the quarter, compared to analysts’ expectations of $6.67 billion. During the same quarter in the previous year, the business posted $1.97 earnings per share. On average, analysts expect Raytheon to post $10 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Raytheon stock opened at $165.20 on Thursday. Raytheon has a 12-month low of $144.27 and a 12-month high of $229.75. The company has a current ratio of 1.49, a quick ratio of 1.37 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $47.07 billion, a price-to-earnings ratio of 21.68, a price-to-earnings-growth ratio of 1.02 and a beta of 0.90.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 31st. Shareholders of record on Wednesday, January 2nd will be given a $0.8675 dividend. This represents a $3.47 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date is Monday, December 31st. Raytheon’s dividend payout ratio is presently 45.54%.

RTN has been the topic of a number of recent analyst reports. ValuEngine cut Raytheon from a “hold” rating to a “sell” rating in a research report on Thursday, January 10th. Citigroup decreased their target price on Raytheon from $230.00 to $208.00 and set a “buy” rating on the stock in a research report on Monday, January 14th. Zacks Investment Research cut Raytheon from a “buy” rating to a “hold” rating in a research report on Monday, December 31st. Barclays decreased their target price on Raytheon from $239.00 to $195.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 4th. Finally, Bank of America decreased their target price on Raytheon from $245.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, October 26th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Raytheon currently has a consensus rating of “Buy” and a consensus target price of $223.31.

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Raytheon Company Profile

Raytheon Company develops integrated products, services, and solutions for defense and other government markets worldwide. It operates through five segments: Integrated Defense Systems (IDS); Intelligence, Information and Services (IIS); Missile Systems (MS); Space and Airborne Systems (SAS); and Forcepoint.

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Earnings History for Raytheon (NYSE:RTN)

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