Raytheon Technologies(RTX)
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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 ...
RTX Reports 2024 Results and Announces 2025 Outlook
Prnewswire· 2025-01-28 12:05
RTX exceeds 2024 sales and EPS expectations*; Expects continued sales, earnings, and cash flow growth in 2025 ARLINGTON, Va., Jan. 28, 2025 /PRNewswire/ -- RTX (NYSE: RTX) reports fourth quarter 2024 results and announces 2025 outlook. Fourth quarter 2024 Sales of $21.6 billion, up 9 percent versus prior year, and up 11 percent organically* excluding divestitures GAAP EPS was $1.10 and included $0.30 of acquisition accounting adjustments and $0.14 of restructuring and other net significant and/or non-recur ...
What Analyst Projections for Key Metrics Reveal About RTX (RTX) Q4 Earnings
ZACKS· 2025-01-23 15:21
Earnings and Revenue Forecast - Wall Street analysts forecast RTX to report quarterly earnings of $1.37 per share, a year-over-year increase of 6.2% [1] - Expected revenues for the quarter are $20.56 billion, reflecting a 3.2% increase compared to the same quarter last year [1] - Over the last 30 days, there has been a downward revision of 2.5% in the consensus EPS estimate for the quarter [2] Key Metrics Analysis - Analysts estimate 'Adjusted Net Sales- Collins Aerospace' at $7.40 billion, indicating a year-over-year increase of 5.7% [5] - Consensus estimate for 'Adjusted Net Sales- Pratt & Whitney' is $6.92 billion, reflecting a year-over-year increase of 7.5% [5] - Forecast for 'Net Sales- Raytheon' is $6.77 billion, suggesting a year-over-year decline of 1.7% [5] Operating Profit Projections - Analysts predict 'Operating Profit- Collins Aerospace- Adjusted' to reach $1.22 billion, compared to $1.04 billion in the same quarter last year [6] - Projected 'Operating Profit- Raytheon- Adjusted' is $659.57 million, up from $618 million in the year-ago quarter [6] - Consensus estimate for 'Operating Profit- Pratt & Whitney- Adjusted' is $620.03 million, compared to $405 million in the same quarter last year [7] Stock Performance - RTX shares have shown returns of +6.5% over the past month, outperforming the Zacks S&P 500 composite's +2.7% change [7] - RTX holds a Zacks Rank 3 (Hold), indicating expectations for the stock to mirror overall market performance in the near future [7]
Will Rising Commercial Air Traffic Aid RTX Q4 Earnings?
ZACKS· 2025-01-22 13:06
RTX Corp. (RTX) is scheduled to release fourth-quarter 2024 results on Jan. 28, 2025, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company delivered an average earnings surprise of 7.62% for the trailing four quarters. Improving commercial air traffic and a solid development volume for the F135 core upgrade program are likely to benefit RTX’s quarterly results.RTX’s Growing Commercial Sales: A Key Growth CatalystSteadily increasing domestic and internationa ...
The Zacks Analyst Blog The Home Depot, RTX, Applied Materials, Kewaunee Scientific and AXIL Brands
ZACKS· 2025-01-21 09:01
For Immediate ReleasesChicago, IL – January 21, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include, The Home Depot, Inc. (HD) , RTX Corp. (RTX) , Applied Materials, Inc. (AMAT) , Kewaunee Scientific Corp. (KEQU) and AXIL Brands, Inc. (AXIL) .Here are highlights from Tuesday’s Analyst Blog:Top Analyst Reports for Home ...
RTX Clinches a $529M Deal to Provide Patriot Missile to Netherlands
ZACKS· 2025-01-17 12:36
RTX Corporation's Recent Contract Win - RTX Corporation's Raytheon segment secured a $529 million contract to deliver Patriot air and missile defense systems to the Netherlands, including a fire unit with radar, launchers, command and control stations, and support equipment [1] - Work for this contract will primarily be executed in Andover, MA, and Huntsville, AL [1] Geopolitical Trends Driving Defense Demand - Rising geopolitical tensions and regional conflicts are prompting countries to strengthen their defense capabilities, particularly in missile systems [2] - RTX benefits from this trend as a leading missile manufacturer, with the recent contract win being a prime example [2] Patriot Missile System Overview - RTX's Patriot is a long-range, high-altitude, all-weather missile defense system designed to counter tactical ballistic missiles, cruise missiles, and advanced fighter aircraft [3] - To date, 240 Patriot fire units have been delivered, and 19 nations currently use the system for integrated air and missile defense [3] Global Missile Defense Market Outlook - The global missile and missile defense systems market is projected to grow at a CAGR of 5% from 2025 to 2030, according to Mordor Intelligence [4] - RTX's product portfolio includes combat-proven systems like the SM-6, Guidance Enhanced Missile, National Advanced Surface-to-Air Missile System, Tomahawk, Standard Missile 2, and AIM-9X Sidewinder, in addition to Patriot [4] Opportunities for Other Defense Companies - Boeing (BA) has a long-term earnings growth rate of 19.3% and offers air and missile defense systems like the Avenger Air Defense System, Aegis Ballistic Missile Defense, and Ground-Based Midcourse Defense [5][6] - Northrop Grumman (NOC) has a long-term earnings growth rate of 19% and provides high-speed, long-range strike weapons such as the AARGM-ER, along with warheads, fuses, and propulsion systems [6][7] - Lockheed Martin (LMT) has a long-term earnings growth rate of 4.4% and develops advanced missiles and rockets, including the PAC-3 family, M270, Reduced-Range Practice Rocket, and Terminal High Altitude Area Defense [7][8] RTX Stock Performance - Over the past six months, RTX shares have risen 16%, outperforming the industry's decline of 1.6% [11] - RTX currently holds a Zacks Rank 3 (Hold) [12]