Raytheon Technologies Q1 2024 Adj EPS $1.34 Beats $1.23 Estimate, Sales $19.305B Beat $18.414B Estimate
Portfolio Pulse from Benzinga Newsdesk
Raytheon Technologies (RTX) reported Q1 2024 adjusted EPS of $1.34, surpassing the $1.23 estimate, and sales of $19.305B, exceeding the $18.414B estimate. This represents a 9.84% increase in earnings and a 12.15% increase in sales from the same period last year.
April 23, 2024 | 10:56 am
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Raytheon Technologies reported a strong Q1 2024 performance with adjusted EPS and sales exceeding analyst estimates, indicating robust growth.
The significant beat on both earnings per share and sales estimates for Q1 2024 suggests that Raytheon Technologies is experiencing robust growth, which could lead to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100