- RTX Corp reported an adjusted EPS of $1.25, which surpassed the estimated $1.21.
- The company’s sales were $13.46 billion, falling short of the estimated $18.61 billion.
- Collins Aerospace Systems, a part of RTX Corp, posted sales of $6.63 billion, exceeding the estimated $5.96 billion.
- Pratt & Whitney, another subsidiary of RTX Corp, also reported sales of $6.63 billion, which was higher than the estimated $6.06 billion.
- RTX Corp recorded a free cash flow of $2.75 billion, outperforming the estimated $1.92 billion.
- The company has received 10 buys, 15 holds, and 2 sells from analysts.
Raytheon Technologies on Smartkarma
Raytheon Technologies Corporation has recently received positive analyst coverage from Baptista Research, an independent investment research network. According to the research report, Raytheon had a strong start to the year with an all-around beat in the first quarter, and the demand for both its defense and commercial aerospace businesses remains strong. The report also noted that Raytheon views international demand for defense capabilities as its allies prioritize additional defense spending.
The sentiment of the report is bullish, with the conclusion that the launch of Electro-Optical Intelligent Sense and other drivers are positive signs for Raytheon Technologies Corporation. Investors should keep an eye on the company’s progress to ensure that their investments are well-positioned for the future.
A look at Raytheon Technologies Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Raytheon Technologies Corporation is an aircraft manufacturing company that is expected to experience long-term growth and success. The company provides innovative solutions such as aero structures, avionics, interiors, mechanical systems, mission systems, aircraft engines, power and control systems, radars, software, and other products. According to the Smartkarma Smart Scores, Raytheon Technologies has an overall outlook of 4 out of 5, with its Value and Growth scores both receiving a 5. The company’s Dividend and Resilience scores both earned a 3, while its Momentum score was also 3.
These scores indicate that Raytheon Technologies is expected to have a strong long-term outlook, with its Value and Growth scores being especially impressive. The company’s Dividend and Momentum scores may be slightly lower, but there is still potential for growth and success in the long-term. Raytheon Technologies is well-positioned to take advantage of the aircraft manufacturing industry and continue to provide innovative solutions to its customers.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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