Raytheon (NYSE: RTN ) is expected to report Q1 earnings on April 25. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Raytheon's revenues will shrink -4.2% and EPS will compress -3.0%.
The average estimate for revenue is $5.69 billion. On the bottom line, the average EPS estimate is $1.28.
Revenue details
Last quarter, Raytheon booked revenue of $6.44 billion. GAAP reported sales were 0.3% higher than the prior-year quarter's $6.42 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $1.47. GAAP EPS of $1.31 for Q4 were 11% lower than the prior-year quarter's $1.48 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 20.9%, 100 basis points worse than the prior-year quarter. Operating margin was 11.6%, 200 basis points worse than the prior-year quarter. Net margin was 7.3%, 120 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $23.81 billion. The average EPS estimate is $5.32.
Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Raytheon is hold, with an average price target of $57.53.
Looking for alternatives to Raytheon? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
Add Raytheon to My Watchlist.
No comments:
Post a Comment