RTX Stock Up on Results, Outlook; Lockheed Martin Shares Down on Sales, Guidance

Key TakeawaysDefense contractors RTX and Lockheed Martin posted differing results and guidance, sending shares in opposite directions.RTX beat profit and sales forecasts, as all three of its units recorded revenue gains.Lockheed Martin's sales fell short of estimates, as did its full-year earnings outlook. Shares of RTX (RTX) and Lockheed Martin (LMT) headed in opposite directions Tuesday after the two big defense contractors reported quarterly results. RTX shares advanced more than 2% when the maker of Pra ...