Raytheon Joins These 2 Top Companies with Earnings Investors Must Know

Union Pacific Corporation (NYSE:UNP) delivered a profit and met Wall Street’s expectations, BUT came up short on beating the revenue expectation. Net income increased 3.73% to $1 billion ($2.19 per diluted share) in the quarter versus a net gain of $964 million in the year-earlier quarter. Revenue rose 2.78% to $5.25 billion from the year-earlier quarter.

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Union Pacific Corporation reported adjusted net income of $2.16 per share. By that measure, the company beat the mean analyst estimate of $2.16. It missed the average revenue estimate of $5.31 billion.

UNP

Southwest Airlines Co. (NYSE:LUV) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Net income decreased -48.68% to $78 million (9 cents per diluted share) in the quarter versus a net gain of $152 million in the year-earlier quarter. Revenue rose 1.51% to $4.17 billion from the year-earlier quarter.

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Southwest Airlines Co. reported adjusted net income of 9 cents per share. By that measure, the company beat the mean analyst estimate of $0.08. It missed the average revenue estimate of $4.21 billion.

LUV

Raytheon Co. (NYSE:RTN) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -13.63% to $469 million ($1.42 per diluted share) in the quarter versus a net gain of $543 million in the year-earlier quarter. Revenue decreased 0.02% to $6.44 billion from the year-earlier quarter.

Raytheon Co. reported adjusted net income of $1.60 per share. By that measure, the company beat the mean analyst estimate of $1.31. It beat the average revenue estimate of $6.41 billion.

RTN

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