Raytheon Ready for its Quarterly Earnings Release

Published on Wednesday, 25 January 2012 12:36 Written by Danny Miller

New York, January 25th (TradersHuddle.com) - Shares of Raytheon Company (NYSE:RTN) are trading lower by -1.19% ahead of its quarterly earnings release. Raytheon, the technology leader specializing in defense, homeland security and other government markets is expected to release its quarterly results on January 26^th.

Wall Street Analysts consensus calls for a profit of $1.34 a share on $6.75 billion revenue.

Raytheon estimates have a range of $0.07 a share. The high estimate calls for profit of $1.37 a share and the low estimate is calling for a profit of $1.3 a share, a year ago for the quarter the company reported $1.37 a share.

Raytheon Company (NYSE:RTN) is a technology firm specializing in defense, homeland security and other government markets. 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.

Other companies on the watch on this earnings event are ITT Corporation NYSE:ITT and Northrop Grumman Corporation NYSE:NOC.