Raytheon Technologies Q3 Adj. EPS $1.25 Beats $1.21 Estimate, Adj. Sales $18.95B Beat $18.59B Estimate
Portfolio Pulse from Benzinga Newsdesk
Raytheon Technologies (NYSE:RTX) reported Q3 earnings of $1.25 per share, beating the analyst consensus estimate of $1.21 by 3.31%. The company also reported quarterly sales of $18.95 billion, surpassing the analyst consensus estimate of $18.59 billion by 1.94%. Both earnings and sales have increased compared to the same period last year.
October 24, 2023 | 11:01 am
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POSITIVE IMPACT
Raytheon Technologies reported better than expected Q3 earnings and sales, which could positively impact its stock price in the short term.
Raytheon Technologies reported Q3 earnings and sales that beat analyst estimates. This positive financial performance is likely to increase investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100