StreetInsider.com News Articles

RTX rated buy at UBS on international defense, margin improvement

Mon, 24 Feb 2025 14:06:34 -0400

Investing.com -- UBS upgraded RTX Corporation to "Buy" from "Neutral" noting international defense growth, Collins Aerospace margin recovery, and improvements in Pratt&Whitney’s GTF engine program as key earnings drivers.

The bank noted that international defense now accounts for 44% of Raytheon (NYSE:RTN)'s backlog, up from 32% in 2021, with potential upside if NATO defense spending reaches 3% or more of GDP.

Collins Aerospace is expected to benefit from recovering interiors, modifications, and upgrades, supporting a margin rebound.

UBS also sees the number of grounded GTF-powered aircraft declining in 2025 as maintenance capacity expands and more spare engines become available. It forecasts

RTX rated buy at UBS on international defense, margin improvement

Mon, 24 Feb 2025 14:06:34 -0400

UBS also sees the number of grounded GTF-powered aircraft declining in 2025 as maintenance capacity expands and more spare engines become available. It forecasts

RTX rated buy at UBS on international defense, margin improvement

Mon, 24 Feb 2025 14:06:34 -0400

UBS also sees the number of grounded GTF-powered aircraft declining in 2025 as maintenance capacity expands and more spare engines become available. It forecasts

RTX rated buy at UBS on international defense, margin improvement

Mon, 24 Feb 2025 14:06:34 -0400

UBS also sees the number of grounded GTF-powered aircraft declining in 2025 as maintenance capacity expands and more spare engines become available. It forecasts

RTX annual revenue forecast misses estimates, shares slightly down

Tue, 28 Jan 2025 07:35:22 -0400

Investing.com -- RTX Corp. (NYSE:RTX) shares slipped in premarket trading Tuesday after the aerospace and defense company issued an underwhelming guidance for the fiscal 2025 year.

For the fiscal Q4 2024, RTX reported earnings per share (EPS) of $1.54, topping analyst expectations of $1.38.

Revenue came in at $21.62 billion, also above the consensus estimate of $20.53 billion.

The company's Raytheon (NYSE:RTN) segment posted sales of $7.16 billion, up 3.9% year-over-year (YoY), compared to estimates of $6.77 billion.

Collins Aerospace Systems reported sales of $7.54 billion, an increase of 5.9% YoY, beating the $7.33 billion estimate.

Meanwhile, Pratt&Whitney saw its sales surge 18% YoY to

RTX annual revenue forecast misses estimates, shares slightly down

Tue, 28 Jan 2025 07:35:22 -0400

Investing.com -- RTX Corp. (NYSE:RTX) shares slipped in premarket trading Tuesday after the aerospace and defense company issued an underwhelming guidance for the fiscal 2025 year.

For the fiscal Q4 2024, RTX reported earnings per share (EPS) of $1.54, topping analyst expectations of $1.38.

Revenue came in at $21.62 billion, also above the consensus estimate of $20.53 billion.

The company's Raytheon (NYSE:RTN) segment posted sales of $7.16 billion, up 3.9% year-over-year (YoY), compared to estimates of $6.77 billion.

Collins Aerospace Systems reported sales of $7.54 billion, an increase of 5.9% YoY, beating the $7.33 billion estimate.

Meanwhile, Pratt&Whitney saw its sales surge 18% YoY to

RTX annual revenue forecast misses estimates, shares slightly down

Tue, 28 Jan 2025 07:35:22 -0400

Investing.com -- RTX Corp. (NYSE:RTX) shares slipped in premarket trading Tuesday after the aerospace and defense company issued an underwhelming guidance for the fiscal 2025 year.

For the fiscal Q4 2024, RTX reported earnings per share (EPS) of $1.54, topping analyst expectations of $1.38.

Revenue came in at $21.62 billion, also above the consensus estimate of $20.53 billion.

The company's Raytheon (NYSE:RTN) segment posted sales of $7.16 billion, up 3.9% year-over-year (YoY), compared to estimates of $6.77 billion.

Collins Aerospace Systems reported sales of $7.54 billion, an increase of 5.9% YoY, beating the $7.33 billion estimate.

Meanwhile, Pratt&Whitney saw its sales surge 18% YoY to

RTX annual revenue forecast misses estimates, shares slightly down

Tue, 28 Jan 2025 07:35:22 -0400

Investing.com -- RTX Corp. (NYSE:RTX) shares slipped in premarket trading Tuesday after the aerospace and defense company issued an underwhelming guidance for the fiscal 2025 year.

For the fiscal Q4 2024, RTX reported earnings per share (EPS) of $1.54, topping analyst expectations of $1.38.

Revenue came in at $21.62 billion, also above the consensus estimate of $20.53 billion.

The company's Raytheon (NYSE:RTN) segment posted sales of $7.16 billion, up 3.9% year-over-year (YoY), compared to estimates of $6.77 billion.

Collins Aerospace Systems reported sales of $7.54 billion, an increase of 5.9% YoY, beating the $7.33 billion estimate.

Meanwhile, Pratt&Whitney saw its sales surge 18% YoY to

NVIDIA is a shoo-in for the Dow post stock split

Fri, 31 May 2024 14:59:29 -0400

With its latest earnings report, AI darling NVIDIA Corporation (NASDAQ:NVDA) announced a ten-for-one stock split. The split, which will be distributed at the close on June 7th, will give shareholders ten shares in exchange for each one share they own as of the June 6^th record date. The stock will start trading split-adjusted at market open on Monday, June 10^th. The split raises the very real possibility that NVIDIA will be added to the Dow Jones Industrial Average (DJIA), with chip-laggard Intel Corporation (NASDAQ:INTC) seen as the company it will likely replace.