Raytheon Technologies(RTX)

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RTX's Raytheon business awarded $154 million to deliver Commander's Independent Viewer units to the U.S. Army
Prnewswire· 2024-01-24 14:00
System upgrades battlefield oversight and target hand-off capabilities to the U.S. Army's Bradley Fighting Vehicle MCKINNEY, Texas, Jan. 24, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, announced a $154 million award to deliver Commander's Independent Viewer (CIV) systems to the U.S. Army to upgrade the service's Bradley Fighting Vehicles.CIV is an electro-optical/infrared sight system utilizing second-generation forward-looking infrared (FLIR) cameras and sensors that provide the U.S. Army's ...
Raytheon Technologies(RTX) - 2023 Q4 - Earnings Call Transcript
2024-01-23 17:13
RTX Corporation (NYSE:RTX) Q4 2023 Earnings Conference Call January 23, 2024 8:30 AM ET Company Participants Greg Hayes - Chairman and Chief Executive Officer Chris Calio - President and Chief Operating Officer Neil Mitchill - Chief Financial Officer Jennifer Reed - Vice President of Investor Relations Conference Call Participants Robert Stallard - Vertical Research Cai Von Rumohr - Cowen Sheila Kahyaoglu - Jefferies Myles Walton - Wolfe Research Peter Arment - Baird Noah Poponak - Goldman Sachs Doug Harned ...
Why RTX Stock Jumped 8% Today
The Motley Fool· 2024-01-23 16:19
Shares of defense contracting giant RTX (RTX 5.93%) -- the artist formerly known as Raytheon -- jumped 8.2% through 10:30 a.m. ET after beating analyst forecasts for both sales and earnings Tuesday morning.Heading into its fourth and final quarterly report for 2023, Wall Street had forecast that RTX would earn $1.24 per share (adjusted for one-time items) on sales of $19.7 billion. RTX edged out both numbers, however, reporting an adjusted profit of $1.29 per share and sales of $19.9 billion. RTX sales and ...
RTX Q4 Earnings Surpass Estimates by 3%, Sales Increase Y/Y
Zacks Investment Research· 2024-01-23 16:00
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 ...
Call Traders Target Defense Stock After Earnings Win
Schaeffers Research· 2024-01-23 15:48
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) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-01-23 15:36
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 ...
Is a Surprise Coming for RTX This Earnings Season?
Zacks Investment Research· 2024-01-23 14:36
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 ...
RTX shares takeoff on 4Q earnings beat
Proactive Investors· 2024-01-23 14:31
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) Surpasses Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-01-23 14:06
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 ...
Raytheon Technologies(RTX) - 2023 Q4 - Earnings Call Presentation
2024-01-23 12:57
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 ...