RTX Q4 Earnings Surpass Estimates by 3%, Sales Increase Y/Y

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 ...