RTX Stock (NYSE:RTX), Trade Ideas

Raytheon Technologies

RTX 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 commercial aerospace manufacturers and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, an aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.

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RTX Corporation (NYSE: RTX) reported 12% increase in Q1 FY24 net sales to $19.3 billion, beating consensus. Collins Aerospace and Pratt &amp; Whitney drove the growth.

RTX Soars Above Estimates in Q1, Reiterates FY24 Outlook

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RTX just finalized its largest renewable energy procurement to date, nearly doubling its renewable electricity usage in 2023. 

RTX Inks Largest Renewable Electricity Agreement: &#39;On Path To Achieve 2025 Goal&#39;

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Congress Members Invest In Defense Stocks As Middle East Tensions Mount: How Pelosi, Gottheimer, Hern And Others Could Benefit

RTX Corp

RTX's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) short percent of float has fallen 14.43% since its last report. The company recently reported that it has 34.63 million shares sold short, which is 2.61% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.8 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>RTX Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713991521_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for RTX has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing RTX's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, RTX's peer group average for short interest as a percentage of float is 2.39%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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Peering Into RTX's Recent Short Interest

Citigroup analyst Jason Gursky maintains RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) with a Neutral and raises the price target from $95 to $110.

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Analyst Ratings

Citigroup Maintains Neutral on RTX, Raises Price Target to $110

B of A Securities analyst Ronald Epstein maintains RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) with a Neutral and raises the price target from $100 to $110.

B of A Securities Maintains Neutral on RTX, Raises Price Target to $110

UBS analyst Gavin Parsons maintains RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) with a Neutral and raises the price target from $103 to $105.

UBS Maintains Neutral on RTX, Raises Price Target to $105

Susquehanna analyst Charles Minervino maintains RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) with a Positive and raises the price target from $110 to $119.

Susquehanna Maintains Positive on RTX, Raises Price Target to $119

RTX Unit Raytheon Breaks Ground On $115M Expansion Of Alabama Missile Integration Facility

RTX Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) reported a first-quarter FY24 adjusted net sales increase of 12% Y/Y to $19.3 billion,&nbsp;beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38374759/rtx-reports-q1-2024-results" rel="noreferrer noopener">consensus of $18.4 billion</a>.&nbsp;
Collins&nbsp;Aerospace&#8217;s&nbsp;sales were $6.7 billion (+9% Y/Y), driven by a 14% increase in commercial aftermarket and commercial OE and a 1% increase in defense. The adjusted operating margin expanded by 90 bps Y/Y to&nbsp;15.7%.
Related:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/02/37259825/rtxs-collins-aerospace-to-elevate-air-indias-737-max-fleet-with-advanced-avionics-package-detail" rel="noreferrer noopener">RTX&#8217;s&nbsp;Collins Aerospace To Elevate Air&nbsp;India&#8217;s&nbsp;737 MAX Fleet with Advanced Avionics Package: Details</a>
Pratt &amp;&nbsp;Whitney&#8217;s&nbsp;sales were $6.46 billion (+23% Y/Y), driven by a 64% increase in commercial OE,&nbsp;a 21% increase in military, and&nbsp;a 9% rise in commercial aftermarket business.&nbsp;Adjusted&nbsp;operating margin of 6.7%, down by 160&nbsp;bps.
Raytheon&#8217;s&nbsp;sales increased by 6% Y/Y to $6.66 billion, driven by higher volume on land and air defense systems. The adjusted operating margin expanded by 20 bps to 9.5%.
Adjusted EPS improved 10% Y/Y to $1.34, beating&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">the consensus of $1.23</a>.
At the end of the quarter, the backlog was $202 billion, of which $125 billion was from commercial aerospace and $77 billion was from defense.
RTX&#8217;s&nbsp;operating cash flow for the quarter totaled $0.3 billion, and a free cash outflow of&nbsp;$(0.1) billion.
FY24 Outlook Reiterated:&nbsp;RTX expects sales of $78 billion-$79 billion, versus the consensus of $78.78 billion; sees adjusted EPS of $5.25 – $5.40&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/01/36741472/why-is-aerospace-and-defense-giant-rtx-stock-rallying-today" rel="noreferrer noopener">versus the consensus of $5.39</a>.&nbsp;
The company expects a&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">free cash flow of ~$5.7 billion&nbsp;in the year</a>.
Last week, RTX entered into an energy supply agreement with a&nbsp;subsidiary of&nbsp;ENGIE North America,&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/04/38318444/rtx-inks-largest-renewable-electricity-agreement-on-path-to-achieve-2025-goal" rel="noreferrer noopener">ENGIE Resources LLC&nbsp;(ENGIE)</a>.
Earlier this month, Pratt &amp; Whitney launched NATA in Florida, enhancing&nbsp;MRO&nbsp;network with&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38169506/whats-going-on-with-pratt-whitney-parent-rtx-shares-today" rel="noreferrer noopener">dedicated space and resources</a>.
Price Action: RTX shares are trading higher by 0.08% at $101.64 at the last check Tuesday.
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eaffirms outlook for full year 2024
<ul>
<li>Sales of $78.0 - $79.0 billion</li>
<li>Adjusted EPS&#x2A; of $5.25 - $5.40</li>
<li>Free cash flow&#x2A; of approximately $5.7 billion</li>
</ul>

RTX Reaffirms FY24 Outlook: Revenue $78B-$79B Vs. $78.78B Estimate, Adjusted EPS of $5.25 - $5.40 Vs. $5.39 Estimate

RTX Q1 Book-to-bill Ratio $1.34, Backlog $202B

<h3>Companies Reporting Before The Bell</h3>
&bull; RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) is expected to report quarterly earnings at $1.23 per share on revenue of $18.41 billion.
&bull; MSCI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>) is expected to report quarterly earnings at $3.45 per share on revenue of $684.13 million.
&bull; Quest Diagnostics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>) is expected to report quarterly earnings at $1.85 per share on revenue of $2.29 billion.
&bull; Community Bank System (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBU#NYSE">CBU</a>) is expected to report quarterly earnings at $0.78 per share on revenue of $176.83 million.
&bull; Herc Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRI#NYSE">HRI</a>) is estimated to report quarterly earnings at $2.15 per share on revenue of $782.85 million.
&bull; JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) is expected to report quarterly loss at $0.52 per share on revenue of $2.20 billion.
&bull; General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) is expected to report quarterly earnings at $2.14 per share on revenue of $41.88 billion.
&bull; GE Aero (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) is estimated to report quarterly earnings at $0.65 per share on revenue of $15.34 billion.
&bull; Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) is projected to report quarterly earnings at $0.70 per share on revenue of $3.85 billion.
&bull; United Parcel Service (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) is projected to report quarterly earnings at $1.30 per share on revenue of $21.87 billion.
&bull; Banc of California (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BANC#NYSE">BANC</a>) is projected to report quarterly earnings at $0.22 per share on revenue of $259.77 million.
&bull; Polaris (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PII#NYSE">PII</a>) is estimated to report quarterly earnings at $0.06 per share on revenue of $1.75 billion.
&bull; PepsiCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) is projected to report quarterly earnings at $1.52 per share on revenue of $18.08 billion.
&bull; Kiniksa Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KNSA#NASDAQ">KNSA</a>) is expected to report quarterly loss at $0.18 per share on revenue of $79.61 million.
&bull; Xerox Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>) is projected to report quarterly earnings at $0.35 per share on revenue of $1.53 billion.
&bull; Sherwin-Williams (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>) is likely to report quarterly earnings at $2.21 per share on revenue of $5.49 billion.
&bull; Dime Community Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCOM#NASDAQ">DCOM</a>) is projected to report quarterly earnings at $0.39 per share on revenue of $72.52 million.
&bull; Preferred Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFBC#NASDAQ">PFBC</a>) is projected to report quarterly earnings at $2.38 per share on revenue of $66.30 million.
&bull; Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) is estimated to report quarterly earnings at $0.74 per share on revenue of $5.67 billion.
&bull; Peoples Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBO#NASDAQ">PEBO</a>) is estimated to report quarterly earnings at $0.80 per share on revenue of $109.74 million.
&bull; Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) is projected to report quarterly earnings at $0.90 per share on revenue of $1.01 billion.
&bull; WR Berkley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) is expected to report quarterly earnings at $1.49 per share on revenue of $3.27 billion.
&bull; Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) is estimated to report quarterly earnings at $5.81 per share on revenue of $15.95 billion.
&bull; GATX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GATX#NYSE">GATX</a>) is estimated to report quarterly earnings at $1.76 per share on revenue of $375.80 million.
&bull; NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) is likely to report quarterly earnings at $0.73 per share on revenue of $5.92 billion.
&bull; Atlantic Union Bankshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUB#NYSE">AUB</a>) is likely to report quarterly earnings at $0.72 per share on revenue of $181.92 million.
&bull; Invesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>) is estimated to report quarterly earnings at $0.39 per share on revenue of $1.09 billion.
&bull; Fiserv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>) is likely to report quarterly earnings at $1.79 per share on revenue of $4.58 billion.
&bull; NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) is projected to report quarterly earnings at $0.21 per share on revenue of $331.80 million.
&bull; Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) is likely to report quarterly earnings at $0.30 per share on revenue of $5.23 billion.
&bull; Cambridge (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CATC#NASDAQ">CATC</a>) is expected to report quarterly earnings at $1.01 per share on revenue of $38.05 million.
&bull; Webster Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) is projected to report quarterly earnings at $1.42 per share on revenue of $618.43 million.
&bull; Option Care Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPCH#NASDAQ">OPCH</a>) is projected to report quarterly earnings at $0.23 per share on revenue of $1.10 billion.
&bull; Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) is likely to report quarterly earnings at $1.62 per share on revenue of $5.08 billion.
&bull; Old National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONB#NASDAQ">ONB</a>) is projected to report quarterly earnings at $0.43 per share on revenue of $439.87 million.
&bull; First BanCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBP#NYSE">FBP</a>) is estimated to report quarterly earnings at $0.37 per share on revenue of $205.74 million.
&bull; First Commonwealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCF#NYSE">FCF</a>) is expected to report quarterly earnings at $0.36 per share on revenue of $119.93 million.
&bull; Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) is estimated to report quarterly earnings at $0.45 per share on revenue of $81.04 million.
&bull; Popular (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPOP#NASDAQ">BPOP</a>) is expected to report quarterly earnings at $1.89 per share on revenue of $560.41 million.
&bull; Danaher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) is estimated to report quarterly earnings at $1.71 per share on revenue of $5.62 billion.
&bull; Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) is likely to report quarterly earnings at $1.41 per share on revenue of $8.46 billion.
&bull; Ryder System (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/R#NYSE">R</a>) is estimated to report quarterly earnings at $1.71 per share on revenue of $3.06 billion.
&bull; LKQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>) is likely to report quarterly earnings at $0.95 per share on revenue of $3.77 billion.
&bull; PulteGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>) is expected to report quarterly earnings at $2.36 per share on revenue of $3.58 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Avangrid (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGR#NYSE">AGR</a>) is projected to report quarterly earnings at $0.73 per share on revenue of $2.63 billion.
&bull; Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHB#NASDAQ">RUSHB</a>) is likely to report earnings for its first quarter.
&bull; Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHA#NASDAQ">RUSHA</a>) is projected to report quarterly earnings at $0.82 per share on revenue of $1.88 billion.
&bull; AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) is likely to report quarterly loss at $0.08 per share on revenue of $8.03 million.
&bull; Stride (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRN#NYSE">LRN</a>) is expected to report quarterly earnings at $1.43 per share on revenue of $507.18 million.
&bull; Zurn Elkay Water (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZWS#NYSE">ZWS</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $368.99 million.
&bull; Renasant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $163.60 million.
&bull; KKR Real Estate Finance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KREF#NYSE">KREF</a>) is expected to report quarterly earnings at $0.38 per share on revenue of $44.35 million.
&bull; Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $6.38 billion.
&bull; Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) is likely to report quarterly earnings at $0.41 per share on revenue of $283.32 million.
&bull; Hanmi Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAFC#NASDAQ">HAFC</a>) is likely to report quarterly earnings at $0.52 per share on revenue of $59.03 million.
&bull; Matador Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) is likely to report quarterly earnings at $1.47 per share on revenue of $740.47 million.
&bull; Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) is likely to report quarterly earnings at $2.43 per share on revenue of $8.62 billion.
&bull; Chubb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>) is likely to report quarterly earnings at $5.34 per share on revenue of $10.29 billion.
&bull; Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) is estimated to report quarterly earnings at $3.43 per share on revenue of $4.73 billion.
&bull; Flushing Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NASDAQ">FFIC</a>) is expected to report quarterly earnings at $0.14 per share on revenue of $48.29 million.
&bull; CoStar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) is estimated to report quarterly earnings at $0.07 per share on revenue of $649.60 million.
&bull; Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) is projected to report quarterly earnings at $0.27 per share on revenue of $1.67 billion.
&bull; Hawaiian Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HA#NASDAQ">HA</a>) is projected to report quarterly loss at $2.62 per share on revenue of $628.95 million.
&bull; Vicor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VICR#NASDAQ">VICR</a>) is expected to report quarterly earnings at $0.11 per share on revenue of $84.83 million.
&bull; Veritex Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBTX#NASDAQ">VBTX</a>) is projected to report quarterly earnings at $0.58 per share on revenue of $109.00 million.
&bull; Artisan Partners Asset (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APAM#NYSE">APAM</a>) is projected to report quarterly earnings at $0.73 per share on revenue of $265.60 million.
&bull; Enova International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENVA#NYSE">ENVA</a>) is expected to report quarterly earnings at $1.70 per share on revenue of $588.52 million.
&bull; Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is likely to report quarterly earnings at $0.51 per share on revenue of $21.27 billion.
&bull; EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) is likely to report quarterly earnings at $0.66 per share on revenue of $1.63 billion.
&bull; West Fraser Timber (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFG#NYSE">WFG</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $2.01 billion.
&bull; Agree Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADC#NYSE">ADC</a>) is likely to report quarterly earnings at $1.01 per share on revenue of $148.23 million.
&bull; Highwoods Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIW#NYSE">HIW</a>) is projected to report quarterly earnings at $0.90 per share on revenue of $206.78 million.
&bull; Retail Opportunity (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROIC#NASDAQ">ROIC</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $83.82 million.
&bull; Pebblebrook Hotel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEB#NYSE">PEB</a>) is likely to report quarterly earnings at $0.15 per share on revenue of $303.41 million.
&bull; Trustmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMK#NASDAQ">TRMK</a>) is estimated to report quarterly earnings at $0.61 per share on revenue of $189.37 million.
&bull; Range Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRC#NYSE">RRC</a>) is likely to report quarterly earnings at $0.61 per share on revenue of $695.20 million.
&bull; Mattel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) is expected to report quarterly loss at $0.13 per share on revenue of $831.06 million.
&bull; EastGroup Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGP#NYSE">EGP</a>) is expected to report quarterly earnings at $2.01 per share on revenue of $152.09 million.
&bull; Manhattan Associates (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NASDAQ">MANH</a>) is likely to report quarterly earnings at $0.87 per share on revenue of $243.45 million.
&bull; QCR Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCRH#NASDAQ">QCRH</a>) is likely to report quarterly earnings at $1.30 per share on revenue of $58.85 million.
&bull; Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) is estimated to report quarterly earnings at $0.55 per share on revenue of $116.64 million.
&bull; Premier Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFC#NASDAQ">PFC</a>) is likely to report quarterly earnings at $0.47 per share on revenue of $52.54 million.
&bull; Canadian National Railway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNI#NYSE">CNI</a>) is likely to report quarterly earnings at $1.28 per share on revenue of $3.14 billion.
&bull; Veralto (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLTO#NYSE">VLTO</a>) is expected to report quarterly earnings at $0.76 per share on revenue of $1.22 billion.
&bull; Equity Residential (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQR#NYSE">EQR</a>) is projected to report quarterly earnings at $0.90 per share on revenue of $726.32 million.
&bull; Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) is projected to report quarterly earnings at $1.07 per share on revenue of $3.61 billion.
&bull; iShares Frontier and Select EM ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FM#NYSE">FM</a>) is expected to report quarterly loss at $0.06 per share on revenue of $1.06 billion.
&bull; IDEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEX#NYSE">IEX</a>) is estimated to report quarterly earnings at $1.75 per share on revenue of $806.94 million.
&bull; Weatherford International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>) is likely to report quarterly earnings at $1.44 per share on revenue of $1.33 billion.
&bull; Bank of N.T Butterfield (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTB#NYSE">NTB</a>) is estimated to report quarterly earnings at $0.98 per share on revenue of $137.26 million.
&bull; First Busey (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BUSE#NASDAQ">BUSE</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $109.21 million.
&bull; East West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) is likely to report quarterly earnings at $1.99 per share on revenue of $577.70 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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BUSE

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WSBC

Earnings Scheduled For April 23, 2024

Raytheon Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) reported quarterly earnings of $1.34 per share which beat the analyst consensus estimate of $1.23 by 8.94 percent. This is a 9.84 percent increase over earnings of $1.22 per share from the same period last year. The company reported quarterly sales of $19.305 billion which beat the analyst consensus estimate of $18.414 billion by 4.84 percent. This is a 12.15 percent increase over sales of $17.214 billion the same period last year.

Earnings Beats

Raytheon Technologies Q1 2024 Adj EPS $1.34 Beats $1.23 Estimate, Sales $19.305B Beat $18.414B Estimate

Benzinga's options scanner just detected over 19 options trades for RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) summing a total amount of $1,099,472.
At the same time, our algo caught 3 for a total amount of 121,363.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $90.0 and $105.0 for RTX, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for RTX's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across RTX's significant trades, within a strike price range of $90.0 to $105.0, over the past month.
<h3>RTX Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713802560_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$2.81</td>
<td>$2.8</td>
<td>$2.8</td>
<td>$105.00</td>
<td>$174.1K</td>
<td>15.2K</td>
<td>2.7K</td>
</tr>
<tr>
<td>RTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$2.8</td>
<td>$2.79</td>
<td>$2.8</td>
<td>$105.00</td>
<td>$115.3K</td>
<td>15.2K</td>
<td>1.8K</td>
</tr>
<tr>
<td>RTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$2.82</td>
<td>$2.79</td>
<td>$2.8</td>
<td>$105.00</td>
<td>$108.0K</td>
<td>15.2K</td>
<td>1.8K</td>
</tr>
<tr>
<td>RTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$2.8</td>
<td>$2.76</td>
<td>$2.8</td>
<td>$105.00</td>
<td>$92.7K</td>
<td>15.2K</td>
<td>4.7K</td>
</tr>
<tr>
<td>RTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$2.81</td>
<td>$2.72</td>
<td>$2.81</td>
<td>$105.00</td>
<td>$73.5K</td>
<td>15.2K</td>
<td>4.0K</td>
</tr>
</tbody>
</table>

<h3>About RTX</h3>
RTX 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 commercial aerospace manufacturers and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt &amp; Whitney, an aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.
In light of the recent options history for RTX, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>RTX's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 2,246,686, the RTX's price is up by 0.49%, now at $102.06. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 1 days.</li>
</ul>
<h3>Professional Analyst Ratings for RTX</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $112.5.
<ul>
<li>An analyst from Wells Fargo has decided to maintain their Overweight rating on RTX, which currently sits at a price target of $120. </li>
<li>An analyst from Baird has decided to maintain their Neutral rating on RTX, which currently sits at a price target of $105. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest RTX options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

A Closer Look at RTX's Options Market Dynamics

WIIM

Shares of defense stocks are slightly higher following Israel's strike on Iran.

Aerospace and defense conglomerate RTX Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) has entered into an energy supply agreement with a <a href="https://www.benzinga.com/pressreleases/24/04/n38310109/rtx-signs-its-largest-renewable-electricity-deal-to-date">subsidiary of ENGIE North America, ENGIE Resources LLC </a>(ENGIE).
What Happened: ENGIE will provide 100% renewable electricity to 12 of RTX&#8217;s Texas facilities.
The agreement with ENGIE runs through 2033. It will begin this year with six RTX locations in Texas and expand to 12 locations by 2028.
Why It Matters: The deal is RTX&#8217;s largest renewable energy procurement to date, nearly doubling its renewable electricity usage in 2023. 
The arrangement will provide more than 1.5 million megawatt hours of renewable electricity over the next 10 years.
This will slash RTX emissions by an estimated 560,000 metric tons of carbon dioxide, equivalent to the annual electricity usage of more than 100,000 homes.
Under the agreement, the McKinney location will consume more than 55% of the total clean energy procured.
&#8220;This agreement will put RTX on a pathway to achieve its 2025 goal of 10% renewable electricity and its 2030 goal to reduce greenhouse gas emissions by 46% from 2019 levels," said vice president, Environment, Health &amp; Safety, Annette McNeely.
Price Action: RTX shares are trading higher by 0.21% at $100.96 in premarket on the last check Thursday.
Image: Shutterstock

RTX Inks Largest Renewable Electricity Agreement: 'On Path To Achieve 2025 Goal'

The agreement with ENGIE Resources LLC, which runs through 2033, will begin with six RTX locations in&nbsp;Texas&nbsp;in 2024 and expand to 12 locations by 2028.&nbsp;The agreement will provide more than 1.5 million megawatt hours of renewable electricity over the next 10 years, reducing RTX emissions by an estimated 560,000 metric tons of carbon dioxide

RTX Enters Agreement With Subsidiary Of Engie North America That Will Provide 100% Renewable Electricity To 12 Of Its Texas Facilities

Over the weekend, Iran launched a drone attack on Israel, which came in response to an airstrike of an <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38238575/iran-launches-drone-attack-on-israel-in-escalation-of-tensions-bitcoin-drops-sharply-in-re">Iranian embassy in Syria.</a>
The attack is the latest in an escalation of tensions in the Middle East, which could lead to further involvement from the U.S. and potential funding for defense companies.
What Happened: The <a href="https://www.benzinga.com/topic/congress-trading">trading activity of members</a> of Congress has come under an increased spotlight in recent years, due to potential conflicts of interest.
Congress members who own stocks and options in defense companies could be flagged for conflict of interest as potential votes and decisions could be coming on how the U.S. will react to the attack on Israel by Iran.
Utilizing the <a href="https://www.benzinga.com/gov-trades">Benzinga government trades page</a>, investors can find which members of Congress have been buying up shares of defense stocks like Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), RTX Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), Northrop Grumman Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) and General Dynamics Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>).
Rep. Kevin Hern (R-Okla.) bought $1,000 to $15,000 worth of Lockheed Martin shares on March 29. The member of Congress also bought shares of Lockheed Martin in December 2023. Hern also bought shares of RTX Corporation in December and March with each purchase listed at $1,000 to $15,000.
Rep. Kathy Manning (D-N.C.) bought $1,000 to $15,000 worth of Lockheed Martin shares in December and January in two separate trades.
Sen. Markwayne Mullin (R-Okla.) bought $1,000 to $15,000 worth of shares of RTX Corporation in October 2023.
Rep. Josh Gottheimer (D-N.J.) bought $15,000 to $50,000 worth of shares of Northrop Grumman in December 2023.
The last listed purchase of General Dynamics stock was by Rep. Michael Guest (R-Miss.) in August 2023 with a transaction totaling $1,000 to $15,000.
According to a <a href="https://twitter.com/unusual_whales/status/1779650592450703522">post </a>from Unusual Whales, which tracks the trading activity of Congress members, these are the five members of Congress who have the most money invested in defense stocks.
<ol>
<li>Rep. Kevin Hern</li>
<li>Rep. Mark Green (R-Tenn.)</li>
<li>Sen. Tommy Tuberville (R-Ala.)</li>
<li>Rep. Nancy Pelosi (D-Calif.)</li>
<li>Rep. Michael McCaul (R-Texas)</li>
</ol>
Related Link: <a href="https://www.benzinga.com/general/politics/24/01/36459015/10-best-stock-traders-in-congress-in-2023-spoiler-nancy-pelosi-is-back-on-the-list">10 Best Stock Traders In Congress In 2023 (Spoiler: Nancy Pelosi Has Reentered The Chat)</a>
Why It's Important: <a href="https://www.benzinga.com/topic/defense-stocks">Defense stocks </a>have been in the spotlight in recent years with the invasion of Ukraine by Russia and the Middle East conflict in Israel leading to increased spending on weapons and the U.S. providing funding and weapons in some cases to its allies.
<a href="https://www.benzinga.com/news/22/03/26063227/members-of-congress-buy-energy-defense-stocks-prior-to-russian-invasion-of-ukraine-who-they-are-what">Benzinga previously reported</a> there were several members of Congress who benefitted by owning shares of energy stocks and defense stocks before the invasion of Ukraine by Russia.
Members of Congress could be tasked with voting for additional funding for Israel in the wake of the attack by Iran. Voting to provide additional funding and weapons to Israel could benefit the defense stocks members of Congress currently own.
In some cases, members of Congress who own defense stocks may have a greater conflict of interest due to committee roles.
Mullin serves on the Armed Services committee.
Manning previously bought Lockheed Martin shares<a href="https://www.benzinga.com/general/politics/24/02/37016706/congresswoman-discloses-purchase-of-defense-stock-lockheed-martin-before-we-must-hold-iran-accou"> before publicly calling</a> to "hold Iran accountable."
Members of Congress are allowed to buy and sell stocks and options as long as they are properly disclosed, which includes being able to buy defense stocks before they vote on potential funding for more international conflicts.
Read Next: <a href="https://www.benzinga.com/general/politics/24/03/37460893/pelosi-loves-palo-alto-networks-stock-so-do-these-other-top-performing-traders-in-congress">Pelosi Loves Palo Alto Networks Stock, So Do These Other Top Performing Traders In Congress</a>
Photo: Shutterstock

Whales with a lot of money to spend have taken a noticeably bullish stance on RTX.
Looking at options history for RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 66% of the investors opened trades with bullish expectations and 33% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $865,880 and 6, calls, for a total amount of $962,706.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $85.0 to $135.0 for RTX over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for RTX's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of RTX's whale trades within a strike price range from $85.0 to $135.0 in the last 30 days. 
<h3>RTX Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712857573_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RTX</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$1.98</td>
<td>$1.92</td>
<td>$1.95</td>
<td>$110.00</td>
<td>$715.2K</td>
<td>8.9K</td>
<td>4.9K</td>
</tr>
<tr>
<td>RTX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$7.05</td>
<td>$6.9</td>
<td>$6.9</td>
<td>$105.00</td>
<td>$517.5K</td>
<td>3</td>
<td>0</td>
</tr>
<tr>
<td>RTX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$4.1</td>
<td>$4.0</td>
<td>$4.0</td>
<td>$100.00</td>
<td>$200.0K</td>
<td>1.2K</td>
<td>500</td>
</tr>
<tr>
<td>RTX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$1.15</td>
<td>$1.14</td>
<td>$1.14</td>
<td>$85.00</td>
<td>$148.3K</td>
<td>4.7K</td>
<td>0</td>
</tr>
<tr>
<td>RTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$1.94</td>
<td>$1.93</td>
<td>$1.93</td>
<td>$110.00</td>
<td>$83.9K</td>
<td>8.9K</td>
<td>1.2K</td>
</tr>
</tbody>
</table>

<h3>About RTX</h3>
RTX 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 commercial aerospace manufacturers and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt &amp; Whitney, an aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.
In light of the recent options history for RTX, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of RTX</h3>
<ul>
<li>With a volume of 2,636,759, the price of RTX is down -0.32% at $101.03. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 12 days.</li>
</ul>
<h3>What The Experts Say On RTX</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $115.0.
<ul>
<li>Maintaining their stance, an analyst from Baird continues to hold a Neutral rating for RTX, targeting a price of $105. </li>
<li>An analyst from Wells Fargo has decided to maintain their Overweight rating on RTX, which currently sits at a price target of $120. </li>
<li>An analyst from TD Cowen persists with their Outperform rating on RTX, maintaining a target price of $115. </li>
<li>In a positive move, an analyst from Wells Fargo has upgraded their rating to Overweight and adjusted the price target to $120. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest RTX options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

RTX's Options Frenzy: What You Need to Know

Pratt & Whitney To Accommodate Planned Growth, West Palm Beach Engine Center Facility Will Increase Workforce By 25%

RTX Business Pratt & Whitney Announced $20M Investment To Increase GTF Maintenance, Repair And Overhaul Capacity Of West Palm Beach Engine Center; Expansion Will Accommodate 40% Increase In Capacity And Is Expected To Be Complete By H2 Of 2025

Contracts

RTX Announces Agreement Covers Multiple Airbus, Boeing, Bombardier And Embraer Commercial And Military Platforms

RTX Corporation 2024 Q1 - Results - Earnings Call Presentation

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Raytheon Technologies (NYSE:<a href="https://investorplace.com/stock-quotes/rtx-stock-quote/">RTX</a>) just reported results for the first quarter of 2024.<ul><li>Raytheon Technologies reported earnings per share of $1.34. This was above the analyst estimate for EPS of $1.23.</li><li>The company reported revenue of $19.31 billion.</li><li>This was 4.86% better than the analyst estimate for revenue of $18.41 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/04/rtx-stock-earnings-raytheon-technologies-for-q1-of-2024/">RTX Stock Earnings: Raytheon Technologies Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

RTX Stock Earnings: Raytheon Technologies Beats EPS, Beats Revenue for Q1 2024

RTX Corporation (RTX) Q1 2024 Earnings Call Transcript

Even With Big Gains, I'm Still Convinced RTX Is One Of The Best Dividend Stocks On The Market

GE Aerospace: Shares Have Flown Too High (Rating Downgrade)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Enovis (ENOV – Research Report), Raytheon Te...

Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Enovis (ENOV), Raytheon Technologies (RTX) and Axon Enterprise (AXON)

In a report released yesterday, Kenneth Herbert from RBC Capital maintained a Hold rating on Raytheon Technologies (RTX – Research Report), with a ...

Raytheon Technologies (RTX) Receives a Rating Update from a Top Analyst

RTX Stock Price Has More Upside On Big Profit Boost Despite GTF Engine Crisis

JetBlue beefs up in-flight entertainment, but investors are unimpressed

Goldman Sachs analyst Noah Poponak has maintained their neutral stance on RTX stock, giving a Hold rating yesterday. Noah Poponak has given his Hol...

Balancing Act: Solid Revenue vs. Operational Challenges in Raytheon Technologies

AXON

ENOV

GEHC

Press Releases

Global Electronic Warfare Market Size Expected to Reach $24.76 Billion by 2029

RTX's SM-6 intercepts ballistic missile target at sea

RTX to release first quarter results on April 23, 2024

RTX's Raytheon completes critical milestone for VIIRS program

RTX's Pratt & Whitney announces North American Technology Accelerator

Commodities

RTX provides Blue Canyon satellite to help solve a crucial climate challenge

RTX's Pratt & Whitney announces GTF MRO capacity expansion at West Palm Beach facility

RTX signs its largest renewable electricity deal to date

RTX Reports Q1 2024 Results

RTX breaks ground on $115 million expansion of Alabama missile integration facility