RTX reports $2.58 billion profit in Q3, beats Wall Street estimates
Arlington-based RTX Corporation exceeded earnings and revenue expectations in the third quarter, reporting $2.58 billion profit.
RTX Corporation, headquartered in Arlington, Virginia, announced a third-quarter profit of $2.58 billion, according to WTOP. The company reported net income of $1.89 per share, with adjusted earnings of $2.26 per share, surpassing the average analyst estimate of $1.78 per share from Zacks Investment Research.
The aerospace and defense company posted revenue of $24.97 billion, exceeding the expected $24.01 billion forecast by four analysts surveyed by Zacks. This strong performance reflects RTX's solid position in the industry during the quarter.
Looking ahead, RTX expects its full-year earnings to range between $7.65 and $7.75 per share, with revenue projected between $97 billion and $97.5 billion. These projections indicate continued growth for the company in the coming months.
Comments
No comments yet.
Sign in to comment