RTX Shares Rise After Q4 Results Beat Estimates

RTX (RTX) shares were up 5.8% in recent Tuesday trading after the company reported higher-than-expected Q4 results.

The company reported Q4 adjusted earnings of $1.29 per diluted share, up from $1.27 a year earlier.

Analysts polled by Capital IQ expected $1.25.

Net sales for the quarter ended Dec. 31 were $19.93 billion, up from $18.09 billion a year earlier.

Analysts surveyed by Capital IQ expected $19.67 billion.

The company said it expects 2024 adjusted EPS of $5.25 to $5.40 on sales of $78 billion to $79 billion. Analysts polled by Capital IQ expect normalized EPS of $5 and revenue of $73.28 billion.

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