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Raytheon Co. Issues FY 2012 Guidance Below Analysts' Estimates
Raytheon Co. announced that for fiscal 2012, it expects net sales of $24.5-$25.0 billion, EPS from continuing operations in the range of $4.90-$5.05 and adjusted EPS of $5.45-$5.60. Adjusted EPS is EPS from continuing operations attributable to Raytheon Company common stockholders excluding the EPS impact of the FAS/CAS Adjustment and, from time to time, certain other items. In addition to the FAS/CAS Adjustment, 2011 Adjusted EPS exclude the impact of the UKBA LOC Adjustment in the first quarter of 2011 and the favorable tax settlement in the third quarter of 2011. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $25.1 billion and EPS of $5.23 for fiscal 2012.
Latest Developments for Raytheon Co
- Raytheon Co Lowers FY 2013 Revenue Guidance; Narrows FY 2013 EPS Guidance To A Range In Line With Analysts' Estimates
- Raytheon Co Announces Reorganizing, To Save $85 Million; To Cut 200 Jobs-Reuters
- Raytheon Co Increases Dividend By 10%
- Raytheon Co Issues FY 2013 Guidance; EPS Guidance Above Analysts' Estimates
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