Shares of Raytheon Technologies RTX moved higher by 0.1% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 157.50% over the past year to $1.03, which beat the estimate of $0.93.
Revenue of $15,880,000,000 up by 12.94% from the same period last year, which beat the estimate of $15,820,000,000.
Looking Ahead
Raytheon Technologies sees FY21 adjusted EPS of $3.85-$4.00 and sales of $64.4 billion-$65.4 billion.
Conference Call Details
Date: Jul 27, 2021
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/yu4s66w3
Recent Stock Performance
Company's 52-week high was at $89.98
52-week low: $51.92
Price action over last quarter: Up 3.60%
Company Profile
Raytheon Technologies is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to the commercial aerospace manufactures and to the defense market as a prime and subprime contractor. The company operates in four segments: Pratt & Whitney, an engine manufacturer, Collins Aerospace, which is a diversified aerospace supplier, and intelligence, space and airborne systems, a mix between a sensors business and a government IT contractor, and integrated defense and missile systems, a defense prime contractor focusing on missiles and missile defense hardware.
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