RTX: Fourth Quarter Financial Highlights
RTX Corporation Reports Strong Fourth-Quarter Results
RTX Corporation, headquartered in Arlington, Virginia, announced on Tuesday that it earned $1.62 billion in net income for the fourth quarter.
The company reported earnings of $1.19 per share, with adjusted earnings—excluding certain one-time items—reaching $1.55 per share.
These figures surpassed analysts’ expectations, as the consensus from six Zacks Investment Research analysts had predicted earnings of $1.46 per share.
The aerospace and defense firm also reported quarterly revenue of $24.24 billion, exceeding the $22.74 billion forecasted by three Zacks analysts.
For the entire year, RTX posted a profit of $6.73 billion, or $4.96 per share, on total revenue of $88.6 billion.
Looking ahead, RTX anticipates full-year earnings to fall between $6.60 and $6.80 per share.
This article was created by Automated Insights using financial data from Zacks Investment Research.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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