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RTX Stock Hits Record High on Adjusted Earnings Beat, Guidance Boost
RTXRaytheon Technologies(RTX) Investopedia·2024-07-25 15:50

Key Takeaways RTX, which consists of defense giant Raytheon along with aerospace manufacturers Pratt & Whitney and Collins Aerospace, reported an 8% year-over-year increase in sales to 19.72billion.RTXsaidthatitwasliftingitsprojectionsforitsfullyearperformance,withadjustedsalesincreasingtoarangeof19.72 billion. RTX said that it was lifting its projections for its full-year performance, with adjusted sales increasing to a range of 78.75 billion to 79.5billionfrom79.5 billion from 78 billion to 79billion.Thecompanynowalsoprojectsfullyearadjustedearningspershare(EPS)from79 billion. The company now also projects full-year adjusted earnings per share (EPS) from 5.35 to $5.45, up from the previous range of ...