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.
RTX's Q4 results are likely to gain from the robust sales performance delivered by two of its major business segments.
RTX (RTX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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RTX (RTX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
RTX, with its recent contract win, is set to provide Patriot air and missile defense systems to the Netherlands.
RTX (RTX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.