RTX Corporation RTX shares are trading lower on Wednesday.
Homerun! Why RTX Remains One Of My Favorite Dividend Growers
RTX's Q4 sales of $21.62 billion surpass the Zacks Consensus Estimate by 5.2%. The metric also surges a solid 8.5% from the prior-year level.
Shares of RTX (RTX 3.14%) are jumping Tuesday. The firm's stock gained 2.5% as of 12:50 p.m.
RTX Corporation (NYSE:RTX ) Q4 2024 Earnings Conference Call January 28, 2025 8:30 AM ET Company Participants Chris Calio - President and CEO Neil Mitchill - CFO Nathan Ware - VP of IR Conference Call Participants Myles Walton - Wolfe Research Peter Arment - Baird Ron Epstein - Bank of America Scott Deuschle - Deutsche Bank Rob Stallard - Vertical Research Sheila Kahyaoglu - Jefferies Seth Seifman - JPMorgan Jason Gursky - Citi Research Gautam Khanna - TD Cowen Matt Akers - Wells Fargo Ken Herbert - RBC Capital Markets David Strauss - Barclays Noah Poponak - Goldman Sachs Scott Mikus - Melius Research Operator Good day, ladies and gentlemen, and welcome to the RTX Fourth Quarter 2024 Earnings Conference Call. My name is Latif, and I will be your operator for today.
Shares of RTX (RTX) and Lockheed Martin (LMT) headed in opposite directions Tuesday after the two big defense contractors reported quarterly results.
RTX Corp. (RTX -0.21%), a prominent player in the aerospace and defense industry, reported fourth-quarter and full-year 2024 earnings on Tuesday, Jan. 28, that topped analysts' consensus estimates. Adjusted earnings per share of $1.54 beat the anticipated $1.38 and rose a substantial 19.4% over Q4 2023.
RTX (RTX) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.29 per share a year ago.
Aerospace and defense major RTX posted a rise in quarterly profit on Tuesday, as demand for its aircraft parts and repair services benefited from airlines flying older, maintenance-intensive planes to cope with a jet shortage.
For the fourth quarter, Wall Street is looking for earnings per share of $1.38 from sales of $20.5 billion, according to FactSet.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for RTX (RTX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.