RTX Stock Recent News
RTX LATEST HEADLINES
Investors are keenly watching for an update on an engine inspection issue RTX is managing. Defense contractors continue to face margin pressures, and investors will want to see improvement on the issue.
RTX Corp. (formerly Raytheon Technologies) has seen a big increase in its stock price and has become a core holding in family portfolios. The company reported strong quarterly earnings, with organic sales growth of 12% and a record backlog of more than $200 billion. RTX benefits from government contracts and is investing in R&D to stay competitive, with a focus on next-generation technologies and products.
While the top- and bottom-line numbers for RTX (RTX) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
RTX (RTX) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.22 per share a year ago.
RTX Corp (NYSE: RTX) is trading down in premarket on Tuesday even though it came in ahead of Street estimates for its first financial quarter. Why is RTX stock down on Tuesday?
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RTX (RTX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CNBC's Morgan Brennan reports on how tensions in the Middle East will impact defense stocks.
Recently, Zacks.com users have been paying close attention to RTX (RTX). This makes it worthwhile to examine what the stock has in store.
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