RTX Executive Expects Reported Sales To Be Lower By About $5.5B In 2023
Portfolio Pulse from Benzinga Newsdesk
During an investor call, an executive from RTX announced that the company expects its reported sales to be lower by about $5.5 billion in 2023.
September 11, 2023 | 12:46 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
RTX expects a significant decrease in sales in 2023, which could negatively impact the company's stock price.
The announcement of a significant decrease in sales is a negative indicator for the company's future performance. This could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100