Raytheon Technologies Corp. (RTX) News
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RTX News Highlights
- For RTX, its 30 day story count is now at 35.
- Over the past 26 days, the trend for RTX's stories per day has been choppy and unclear. It has oscillated between 1 and 14.
- The most mentioned tickers in articles about RTX are TOP, BEAT and ROSE.
Latest RTX News From Around the Web
Below are the latest news stories about RAYTHEON TECHNOLOGIES CORP that investors may wish to consider to help them evaluate RTX as an investment opportunity.
Boeing's (BA) Q4 revenues amount to $19.98 billion, surpassing the Zacks Consensus Estimate by 2.8%. The top line also improves 35% from the year-ago quarter's figure.
General Dynamics' (GD) Q4 revenues of $10,851 million beat the Zacks Consensus Estimate of $10,674 million by 1.7%. Revenues also improve 5.4% from the year-ago quarter.
Companies in The News Are: LMT,UNP,DHI,RTX
Raytheon Technologies ( NYSE:RTX ) Full Year 2022 Results Key Financial Results Revenue: US$67.1b (up 4.2% from FY...
Defense stocks roll out Q4 results this week as government spending cuts come into focus. Lockheed Martin, Raytheon and Northrop Grumman are all set to report.
The Arlington defense contractor says the restructuring is to better align its business with customer needs.
Shares of Raytheon Technologies Corp., the maker of the Stinger and Javelin missiles, rose Tuesday, after the company posted fourth-quarter profit that more than doubled from the year-earlier period, offsetting a slight miss on sales. Chief Executive Greg Hayes said the Russian invasion of Ukraine had boosted demand for its products as governments raise defense budgets. The U.S. government said in December it would offer Raytheon’s Patriot air and missile defense system to Ukraine to help it defend itself against Russian missiles.
Raytheon Technologies is so advanced that it recently won a $1bn US contract to develop a hypersonic missile. The US aerospace and arms company has a market capitalisation of $140bn. Commercial aviation is roaring back as travel resumes.
On the call today are Greg Hayes, chairman and chief executive officer; Chris Calio, chief operating officer; Neil Mitchill, chief financial officer; and Jennifer Reed, vice president of investor relations. This call is being carried live on the internet, and there is a presentation available for download from Raytheon Technologies website at www.rtx.com. Raytheon Technologies' SEC filings, including its Form 8-K, 10-Q, and 10-K, provide details on important factors that could cause actual results to differ materially from those anticipated in the forward-looking statement.
While the top- and bottom-line numbers for Raytheon Technologies (RTX) give a sense of how the business performed in the quarter ended December 2022, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.