RTX Reports 2023 Results and Announces 2024 Outlook
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Bank of America upgrades RTX Corp (RTX) to reflect better service execution
January 25, 2024 10:31 AM ESTBank of America upgraded RTX Corp. (NYSE: RTX) to a Neutral rating (From Underperform) and raised their 12-month price target on the defense company to $100.00 (From $78.00) to reflect a better than expected execution in servicing contaminated powder-metal discs in Geared Turbo Fan (GTF) aircraft engines.
While Raytheon defense will likely continue to be pressured,... More
Raytheon Technologies (RTX) Tops Q4 EPS by 4c, Offers Guidance
January 23, 2024 6:56 AM ESTRaytheon Technologies (NYSE: RTX) reported Q4 EPS of $1.29, $0.04 better than the analyst estimate of $1.25. Revenue for the quarter came in at $19.9 billion versus the consensus estimate of $19.72 billion.
GUIDANCE:
Raytheon Technologies sees FY2024 EPS of $5.25-$5.40, versus the consensus of $5.28.... More
