RTX Beats on Q3 Earnings & Sales, Raises '24 Sales View

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 ...