However, the bottom-line figure dropped 4% from the year-ago quarter’s adjusted earnings of $1.26 due to the absence of a prior year tax benefit and lower pension income.
This part has me worried. I know we beat estimates on EPS, but the leadership is always looking for an excuse for more layoffs and this provides it.
@ijhm+1jn8I76w you just hate evil white males and think they're all part of some secret tyrannical patriarchy reading your mind when you sleep.
Greg Hayes is a racist POS.
You can all blame Tom Kennedy for allowing this debacle to happen. Sad what's happening to legacy RTN
He's stripping Raytheon clean and going to sell off RMD after he buys back stock cheap.
Greg Hayes is doing stock buybacks while laying off people. That should tell you everything.
It's Rayturd, of course there's gonna be layoffs. I'm not worried about defense, but the low margins of the UTC companies are gonna drag the company down