Raytheon's Q1 net income rises 17%, firm raises full-year outlook

04/26/2012 | Bloomberg Businessweek

Profits at missile manufacturer Raytheon surged 17% in the first quarter, prompting the company to increase its earnings forecast for 2012. Raytheon expects net income from continuing operations to range from $5 to $5.15 per share for 2012, up from an earlier forecast of $4.90 to $5.05.

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