The aerospace and defense company RTX (RTX 0.07%) had a difficult 2023 with issues in both end markets. That said, investing is about looking forward, not backward. So, is RTX worth buying as a recovery play for 2024? Here's what you need to know.RTX's difficult yearThe industrial stock will report its fourth-quarter 2023 earnings on Jan. 23, but investors already have a clear idea about what happened last year.If you compare the full-year headline guidance given on the third-quarter earnings call in Octobe ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? RTX (RTX) , which belongs to the Zacks Aerospace - Defense industry, could be a great candidate to consider.When looking at the last two reports, this an aerospace and defense company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.65%, on average, in the last two quarters.For the most recent quarter ...

RTX (RTX) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this an aerospace and defense company have returned +3.5%, compared to the Zacks S&P 500 composite's +1.2% change. During this period, the Zacks Aerospace - Defense industry, which RTX falls in, has lost 4.5%. The key question now is: What could be the stock's future direction? ...

It's been a tough year for defense and aerospace company RTX Corporation (RTX 0.80%) -- formerly known as Raytheon Technologies.  The stock has not only trailed the S&P 500 over the past 12 months, but shares are down more than 10%.The company incurred a $5.4 billion charge on revenue and a $2.9 billion hit to its operating profit in its third quarter due to a metal defect that impacted its aircraft engines. No shareholder likes to see billions of dollars go out the window, but this short-term impact may ha ...

RTX (RTX) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 23, 2024, might help the stock move higher if these key numbers are better than expectat ...

Raise your hand if you remember the Stinger missile. Keep your hands raised if the reason you remember the Stinger is from reading newspapers during the Reagan Administration and think of them as the missiles the mujahideen used to shoot down Soviet helicopters in Afghanistan. Yep. That's what I thought. But here's something that may surprise you: 35 years after the Soviets pulled out of Afghanistan, the Stinger is making a comeback. And Raytheon is about to start making money selling Stinger missiles again ...

RTX (RTX) closed at $86.33 in the latest trading session, marking a +1.18% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.08%. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq appreciated by 0.02%.Heading into today, shares of the an aerospace and defense company had gained 4.23% over the past month, outpacing the Aerospace sector's loss of 1.88% and the S&P 500's gain of 3.52% in that time.Analysts and investors alike will be keeping a close ...

RTX Corporation’s (RTX) business unit, Raytheon, recently showcased the operational performance and readiness of the GhostEye MR radar for the National Advanced Surface to Air Missile System (“NASAMS”).The operation was conducted at White Sands Missile Range in partnership with the United States Air Force Research Laboratory's Strategic Development Planning and Experimentation Office and Kongsberg Defence & Aerospace.Significance of the Air & Missile Defense SystemNASAMS is a highly adaptable, combat-proven ...

Sensor demonstrates critical air base air defense capabilityARLINGTON, Va., Jan. 10, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, in partnership with the U.S. Air Force Research Laboratory's Strategic Development Planning and Experimentation (SDPE) office and Kongsberg Defence & Aerospace, demonstrated the operational performance and readiness of the GhostEye® MR advanced medium-range sensor for the National Advanced Surface to Air Missile System (NASAMS) during an extended exercise at White ...

New York, United States, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Military robots are autonomous, mobile robots with remote controls for military operations, including transport, search and rescue, and attack. Most of the time, the dangerous and challenging duties that military robots perform are tiresome. They aid in reducing human exhaustion from relatively easy activities and assist fighters in sense-make more effectively, moving more rapidly, and surviving longer. Military robots have been regularly employed a ...