Raytheon Technologies(RTX)
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Locked & Loaded: Why RTX Remains One Of My Best Investment Ideas
Seeking Alpha· 2024-10-23 12:55
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 .It's time to talk about one of my highest-conviction investments, a company that has become a core holding in every family portfolio I (indirectly) manage.Analyst’s Disclosure: I/we have a beneficial long position in the shares of RTX, GE either through stock ownership, options, ...
RTX's Collins Aerospace inks 787 MRO award with Air Europa
Prnewswire· 2024-10-23 12:30
Agreement marks significant expansion of Collins' 787 MRO services in EuropeBARCELONA, Spain, Oct. 23, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, today announced it has signed a 10-year contract with Air Europa to provide comprehensive maintenance, repair and overhaul (MRO) services for the airline's fleet of 787 aircraft. Through its FlightSense® and DispatchSM combined asset and MRO programs, Collins will supply Air Europa with onsite support for a number of 787 systems, includin ...
Raytheon Technologies(RTX) - 2024 Q3 - Quarterly Report
2024-10-22 21:17
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 ____________________________________ FORM 10-Q ____________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |--------------------------------------------------------------|--------------------- ...
RTX swings to a profit for Q3, raises full-year guidance
Proactiveinvestors NA· 2024-10-22 19:14
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, ...
Raytheon Technologies(RTX) - 2024 Q3 - Earnings Call Presentation
2024-10-22 16:30
COLLINS AEROSPACE PRATT & WHITNEY RAYTHEON 3rd quarter 2024 Earnings conference call October 22, 2024 © 2024 RTX Corporation. All rights reserved. Forward looking statements 2 Note: All results and expectations in the presentation reflect continuing operations unless otherwise noted. 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-lo ...
Raytheon Technologies(RTX) - 2024 Q3 - Earnings Call Transcript
2024-10-22 16:30
RTX Corporation (NYSE:RTX) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Christopher Calio - President & CEO Neil Mitchill - CFO Nathan Ware – VP, IR Conference Call Participants Robert Stallard - Vertical Research Myles Walton - Wolfe Research Jason Gursky - Citi Sheila Kahyaoglu - Jefferies Peter Arment - Baird Ronald Epstein - Bank of America Gautam Khanna - TD Cowen Seth Seifman - JPMorgan Noah Poponak - Goldman Sachs David Strauss - Barclays Douglas Harned - Bernstei ...
Compared to Estimates, RTX (RTX) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-22 14:35
For the quarter ended September 2024, RTX (RTX) reported revenue of $20.09 billion, up 6% over the same period last year. EPS came in at $1.45, compared to $1.25 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $19.91 billion, representing a surprise of +0.88%. The company delivered an EPS surprise of +9.02%, with the consensus EPS estimate being $1.33.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...
RTX Beats on Q3 Earnings & Sales, Raises '24 Sales View
ZACKS· 2024-10-22 14:35
RTX Corporation’s (RTX) third-quarter 2024 adjusted earnings per share (EPS) of $1.45 beat the Zacks Consensus Estimate of $1.33 by 9%. The bottom line also improved 16% from the year-ago quarter’s level of $1.25, driven by growth in adjusted segment operating profit and a lower effective tax rate.Including one-time items, the company reported GAAP earnings of $1.09 per share, marking an improvement from a loss of 68 cents in the prior-year quarter. The improvement can be attributed to higher sales, along w ...
RTX (RTX) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-22 13:10
RTX (RTX) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.02%. A quarter ago, it was expected that this an aerospace and defense company would post earnings of $1.29 per share when it actually produced earnings of $1.41, delivering a surprise of 9.30%.Over the last four quarters, th ...
Raytheon Technologies(RTX) - 2024 Q3 - Quarterly Results
2024-10-22 11:00
Exhibit 99 1 . Media Contact 202.384.2474 Investor Contact 781.522.5123 RTX delivers strong operational performance; Increases 2024 outlook for adjusted sales* and adjusted EPS* ARLINGTON, Va., October 22, 2024 – RTX (NYSE: RTX) reported third quarter 2024 results. Third quarter 2024 • Reported sales of $20.1 billion • Adjusted sales* of $20.1 billion, up 6 percent versus prior year, and up 8 percent organically* excluding the divestiture of the Cybersecurity, Intelligence and Services business • GAAP EPS w ...