Raytheon Company (RTN) research, news, and more from GeoInvesting

Company description

Thu, 29 Jan 2009 05:00:00 GMT

Raytheon Company is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Comments & Business Outlook

Wed, 01 Jul 2009 04:00:00 GMT

'We delivered strong results across all of our businesses during the quarter,' said William H. Swanson, Raytheon's Chairman and CEO. 'Raytheon's strong domestic and international business and diverse portfolio of more than 8,000 programs position us well today and for the future.'

The Company has increased its previously issued full-year 2009 guidance for net sales, earnings per share from continuing operations and Return on Invested Capital (ROIC), and updated the outlook for diluted share count.

FULL YEAR 2009 Guidance Ending December ^a

	Full Year 2009 Guidance	Full Year 2008 Reported	Period Change
GAAP Revenue	$24.4 to 24.9 billion	$23.2 billion	5.2% to 7.3%
Non-GAAP EPS ^b	$4.55 to $4.70	$4.06	12.1% to 15.8%

Source: See Release, April 23, 2009

^a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

^b Non-GAAP EPS figures generally exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to its financial press releases. The GeoTeam® non-GAAP figures may, from time to time, differ from company supplied figures.

Comments & Business Outlook

Thu, 29 Jan 2009 05:00:00 GMT

Guidance Report:

Full Year Fiscal 2009 Guidance Ending December

2009 Revenue Guidance	2008 Revenue	Implied Revenue Growth	2009 EPS Guidance	2008 EPS	Implied EPS Growth
$24.3 to $24.8	$23.2 billion	4.8% to 6.9%	$4.45 to $4.60	$4.06	9.6% to 13.3%

EPS Figures exclude non-operational gains and losses (Non-GAAP).

"Raytheon had a successful 2008 with strong bookings, a record backlog and solid growth in sales and operating income," said William H. Swanson, Raytheon Chairman and CEO. "Our advanced technologies, program performance and diverse portfolio of products and services are uniquely suited to meet customer requirements and position us well for the future."

Source: PR Newswire (January 29, 2009)