RTX Corporation Reports Strong Q4 Earnings
ARLINGTON, Va. - RTX Corporation (RTX) reported strong fourth-quarter earnings on Tuesday. The Arlington, Virginia-based company posted net income of $1.48 billion, or $1.10 per share. Adjusted earnings, excluding one-time gains and costs, were $1.54 per share, beating Wall Street expectations of $1.37 per share.
RTX's revenue for the quarter reached $21.62 billion, also surpassing analysts' estimates of $20.56 billion. For the full year, the company reported a profit of $4.77 billion, or $3.55 per share, on revenue of $80.74 billion.
The aerospace and defense company expects full-year earnings in the range of $6 to $6.15 per share.