U.S. defense stock soars over 60% since massive politician insider trade
As Raytheon (NYSE: RTX) stock has just reached its new all-time high (ATH) of $113.47, it became apparent that one United States politician has tremendously profited from its price increase – Markwayne Mullin – who is also a member of the U.S. Armed Services Committee.
Why RTX Stock Is Flying Higher Today
RTX easily topped second-quarter expectations and raised full-year guidance. The company appears to have navigated issues with its Pratt & Whitney unit well.
RTX Stock Hits Record High on Adjusted Earnings Beat, Guidance Boost
RTX Corporation (RTX) shares jumped to a record high Thursday after the aerospace and defense manufacturer posted an adjusted earnings beat for the second quarter and lifted its full-year guidance amid "unprecedented demand" for its products.
RTX Beats Q2 Earnings Estimates, Hikes '24 Sales Guidance
RTX's second-quarter earnings and revenues surpass the Zacks Consensus Estimate. The company has raised its sales and earnings financial outlook for 2024.
RTX (RTX) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for RTX (RTX) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
RTX (RTX) Q2 Earnings and Revenues Surpass Estimates
RTX (RTX) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.29 per share a year ago.
RTX Stock Jumps After Earnings Beat. What Impressed Wall Street.
The aerospace and defense company also raised full-year guidance and operating profit margins in its Pratt & Whitney jet engine division improved.
RTX lifts 2024 profit forecast
U.S. aerospace and defense company RTX raised its full-year profit forecast on Thursday, driven by a rebound in the broader commercial aviation sector.
3 Stocks to Watch for Earnings Acceleration: RTX, IPI, DHT
Keep an eye on stocks such as RTX, Intrepid Potash (IPI) and DHT for superb earnings acceleration.
Will Rising Commercial Air Traffic Aid RTX in Q2 Earnings?
RTX's second-quarter results are likely to reflect solid sales performance from the majority of its business segments amid the impact of high interest expenses.
Lockheed Martin Leads Defense Earnings; RTX To Supply $24 Billion Order
Lockheed kicks off defense reports Tuesday. RTX will supply engines for the largest jet order ever in the Philippines.
Britain tests Raytheon's anti-drone laser from military vehicle
The British Army has carried out its first test of Raytheon's anti-drone laser weapon from a military vehicle, the company said on Monday, in the latest sign that drone warfare is a growing priority for Western armed forces.
