Is RTX Corporation Stock Outperforming the S&P 500?

Core Insights - RTX Corporation is a major player in the aerospace and defense industry, with a market capitalization of $232.2 billion, providing a wide range of systems and services to commercial, military, and government customers [1][2] Company Performance - RTX's stock has experienced a 4.5% decline from its 52-week high of $181.31, reached on October 28, but has gained 8.5% over the past three months, outperforming the S&P 500 Index's 5.4% gains during the same period [3] - Year-to-date, RTX shares have risen by 49.7% and 43.6% over the past 52 weeks, significantly outperforming the S&P 500 Index's YTD gains of 15.8% and 13.1% over the last year [4] Financial Results - In Q3, RTX reported an adjusted EPS of $1.70, surpassing Wall Street's expectations of $1.42, with revenue of $22.5 billion, exceeding the forecast of $21.5 billion [5] - The company anticipates full-year adjusted EPS in the range of $6.10 to $6.20 [5] Growth Drivers - RTX's growth is primarily driven by increased defense sales, particularly in Patriot systems, and higher sales at Pratt & Whitney, supported by rising aerospace demand [5]