Raytheon Technologies(RTX)

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RTX's Strong Backlog And Pricing Power Offset Defense Risks, Analysts Forecast Big 2025 Upside
Benzinga· 2025-01-30 10:21
RTX Corporation RTX shares are trading lower on Wednesday.Yesterday, the company reported fourth quarter results. Net sales increased 9% year-over-year to $21.623 billion, beating the consensus of $20.535 billion. Adjusted EPS grew 19% Y/Y to $1.54, above the consensus of $1.38.Here are the analysts’ takes on the stock:BofA Securities reiterated the Buy rating on the stock, with a price forecast of 145.RBC Capital Markets analyst Ken Herbert reiterated the Outperform rating on the stock, raising the price f ...
RTX's Collins Aerospace awarded Cooperative Engagement Capability Design Agent contract from U.S. Navy
Prnewswire· 2025-01-29 14:00
Core View - Collins Aerospace, an RTX business, secures a follow-on contract worth up to $904 million over five years to advance the U.S. Navy's Cooperative Engagement Capability (CEC) [1] Contract Details - The contract is a sole-source agreement, continuing RTX's role as the exclusive provider of CEC since 1985 [1] - The contract follows an existing five-year Design Agent contract [1] - The CEC system integrates sensors across surface, land, and air platforms to enable Integrated Fire Controls [1] CEC System Enhancements - Collins Aerospace will add new capabilities to the CEC system, including increased interoperability, expanded weapon and sensor coordination, and integration of new data sources [2] - The CEC is a critical network for the U.S. Navy, connecting multiple platforms and sensors to provide composite tracking for combat and weapons systems [2] Strategic Importance - The CEC supports the Navy's Distributed Maritime Operations by enabling integrated fire controls across Joint Services [3] - Collins Aerospace has successfully deployed and maintained CEC on over 174 U.S. Navy, U.S. Marine Corps, and international platforms [3] Future Opportunities - The contract provides significant flexibility for future task orders related to engineering activities, allowing Collins to further impact the CEC mission [4] Company Overview - Collins Aerospace is a leader in integrated and intelligent solutions for the global aerospace and defense industry, with 80,000 employees dedicated to advancing sustainable and connected aviation, mission success, and space exploration [5] - RTX, the parent company, is the world's largest aerospace and defense company, with over 185,000 employees and 2024 sales exceeding $80 billion [6] - RTX operates through industry-leading businesses, including Collins Aerospace, Pratt & Whitney, and Raytheon, focusing on advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions [6]
Homerun! Why RTX Remains One Of My Favorite Dividend Growers
Seeking Alpha· 2025-01-28 20:30
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .Analyst’s Disclosure: I/we have a beneficial long position in the shares of RTX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ...
RTX Q4 Earnings & Sales Beat Estimates, Increase Year Over Year
ZACKS· 2025-01-28 19:40
RTX Corporation’s (RTX) fourth-quarter 2024 adjusted earnings per share (EPS) of $1.54 beat the Zacks Consensus Estimate of $1.37 by 12.4%. The bottom line also improved 19.4% from the year-ago quarter’s level of $1.29, driven by growth in adjusted segment operating profit.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Including one-time items, the company reported GAAP earnings of $1.10 per share, marking an improvement from $1.05 in the prior-year quarter. The improvement can be at ...
Why RTX Stock Is Flying Higher Today
The Motley Fool· 2025-01-28 19:06
Shares of RTX (RTX 2.94%) are jumping Tuesday. The firm's stock gained 2.5% as of 12:50 p.m. ET, but was up as much as 6% earlier in the day. The leg up comes as the S&P 500 (^GSPC 0.76%) and Nasdaq Composite (^IXIC 1.69%) gained 0.7% and 1.6%, respectively.RTX -- formerly known as Raytheon -- reported earnings early Tuesday. The numbers were received relatively well, although investors may have hoped for slightly stronger guidance for the company.Q4 was kind to RTXAmidst what RTX president and CEO Chris Ca ...
RTX Stock Up on Results, Outlook; Lockheed Martin Shares Down on Sales, Guidance
Investopedia· 2025-01-28 16:50
Key TakeawaysDefense contractors RTX and Lockheed Martin posted differing results and guidance, sending shares in opposite directions.RTX beat profit and sales forecasts, as all three of its units recorded revenue gains.Lockheed Martin's sales fell short of estimates, as did its full-year earnings outlook. Shares of RTX (RTX) and Lockheed Martin (LMT) headed in opposite directions Tuesday after the two big defense contractors reported quarterly results. RTX shares advanced more than 2% when the maker of Pra ...
RTX Smashes EPS in Q4; Revenue Surges
The Motley Fool· 2025-01-28 14:39
RTX posted impressive fourth-quarter 2024 results, surpassing analyst expectations and demonstrating significant growth across its core segments.RTX Corp. (RTX 4.60%), a prominent player in the aerospace and defense industry, reported fourth-quarter and full-year 2024 earnings on Tuesday, Jan. 28, that topped analysts' consensus estimates. Adjusted earnings per share of $1.54 beat the anticipated $1.38 and rose a substantial 19.4% over Q4 2023. Revenue of $21.6 billion surpassed the forecasted $20.54 billio ...
RTX (RTX) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2025-01-28 14:16
RTX (RTX) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.41%. A quarter ago, it was expected that this an aerospace and defense company would post earnings of $1.33 per share when it actually produced earnings of $1.45, delivering a surprise of 9.02%.Over the last four quarters, t ...
Raytheon Technologies(RTX) - 2024 Q4 - Earnings Call Presentation
2025-01-28 14:13
2 Strong 2024 with momentum into 2025 2024 adjusted sales* $80.8B $4.5B 4 th quarter 2024 Earnings conference call January 28, 2025 © 2025 RTX Corporation. All rights reserved. Forward looking statements Note: This press release contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities laws. From time to time, oral or written forward-looking statements may also be included in other information released to the ...
Raytheon Technologies(RTX) - 2024 Q4 - Annual Results
2025-01-28 12:11
Exhibit 99 Media Contact 202.384.2474 Investor Contact 781.522.5123 RTX Reports 2024 Results and Announces 2025 Outlook RTX exceeds 2024 sales and EPS expectations*; Expects continued sales, earnings, and cash flow growth in 2025 ARLINGTON, Va., January 28, 2025 – RTX (NYSE: RTX) reports fourth quarter 2024 results and announces 2025 outlook. Fourth quarter 2024 Full year 2024 Outlook for full year 2025 "RTX delivered a very strong year of performance in 2024 with 11 percent organic sales growth* and 13 per ...