RTX Stock Hits Record High on Adjusted Earnings Beat, Guidance Boost
Raytheon Technologies(RTX) Investopedia·2024-07-25 23:50
Key TakeawaysRTX on Thursday reported better-than-expected second-quarter adjusted earnings and improved its guidance for the full fiscal year.The company is the parent of defense manufacturer Raytheon, Collins Aerospace, and Pratt & Whitney.Reported income was impacted by over $1 billion in one-time charges including adjustments for acquisitions and expected resolutions to a number of lawsuits. RTX Corporation (RTX) shares jumped to a record high Thursday after the aerospace and defense manufacturer posted ...