Aerospace company RTX rises as Q4 earnings and revenue beat estimates

RTX Corp.’s stock RTX, -0.60% was up by 4% in premarket trading on Tuesday after the Collins Aerospace Systems and Pratt & Whitney owner beat analyst expectations for fourth-quarter profit and revenue. RTX said its net income for the three months ended Dec. 31 rose slightly to $1.43 billion, or$1.05 a share, from $1.42 billion, or 96 cents a share, in the year-ago quarter. RTX’s adjusted profit of$1.29 a share beat the FactSet consensus estimate by a nickel per share. RTX’s revenue rose 10% to $19.93 bil ...