RTX Corporation’s (RTX) fourth-quarter 2023 adjusted earnings per share (EPS) of $1.29 beat the Zacks Consensus Estimate of $1.25 by 3.2%. The bottom line also improved 1.6% from the year-ago quarter’s level of $1.27.Including one-time items, the company reported GAAP earnings of $1.05 per share compared with 96 cents reported in the prior-year quarter.The company’s 2023 adjusted EPS of $5.06 beat the Zacks Consensus Estimate of $5.01 by 1%. The full-year bottom line also improved 5.9% from the year-ago lev ...

The shares of RTX Corp (NYSE:RTX) are leading the S&P 500 Index (SPX) today, up 7.5% at $91.41 at last glance. The stock is on track for their best single-session gain since November 2020, after the defense contractor's better-than-expected fourth-quarter results, helped by aviation strength and defense demand globally. RTX is capitalizing on the shortage of new jets amid the uptick in travel. Today's pop has RTX stock breaking above the $87 level, which coincides with its 200-day moving average and provide ...

RTX (RTX) reported $19.93 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 10.1%. EPS of $1.29 for the same period compares to $1.27 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $19.83 billion, representing a surprise of +0.49%. The company delivered an EPS surprise of +3.20%, with the consensus EPS estimate being $1.25.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Investors are always looking for stocks that are poised to beat at earnings season and RTX Corporation (RTX) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because RTX is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

RTX (RTX) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.20%. A quarter ago, it was expected that this an aerospace and defense company would post earnings of $1.19 per share when it actually produced earnings of $1.25, delivering a surprise of 5.04%.Over the last four quarters, th ...

COLLINS AEROSPACE PRATT & WHITNEY RAYTHEON Forward-Looking Statements This presentation 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 public. These forward-looking statements are intended to provide RTX Corporation ("RTX") management's current expectations or plans for our ...

RTX Corp.’s stock RTX, -0.60% was up by 4% in premarket trading on Tuesday after the Collins Aerospace Systems and Pratt & Whitney owner beat analyst expectations for fourth-quarter profit and revenue. RTX said its net income for the three months ended Dec. 31 rose slightly to $1.43 billion, or $1.05 a share, from $1.42 billion, or 96 cents a share, in the year-ago quarter. RTX’s adjusted profit of $1.29 a share beat the FactSet consensus estimate by a nickel per share. RTX’s revenue rose 10% to $19.93 bil ...

RTX delivers 10% sales growth in Q4 and exceeds full year cash flow expectations; expects continued sales and earnings growth in 2024 ARLINGTON, Va., Jan. 23, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported fourth quarter 2023 results and announces 2024 outlook. Fourth quarter 2023 Reported sales of $19.9 billion, up 10 percent versus prior year Adjusted sales* of $19.8 billion, up 10 percent versus prior year GAAP EPS from continuing operations of $1.05 included $0.29 of acquisition accounting adjustments a ...

Charger sets a new standard for supporting high voltage systems LONGUEUIL, QC, Jan. 22, 2024 /PRNewswire/ -- Pratt & Whitney Canada today announced the development of an advanced mobile charging unit (MCU) capable of charging high-power batteries at up to 1500 volts, making it compatible with Megawatt Charging System standards the industry is advancing for high voltage power applications. Pratt & Whitney is an RTX (NYSE: RTX) business.The MCU was developed in collaboration with the National Research Council ...