Raytheon Technologies Corporation (RTX) Tops Q1 EPS by 56c

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Raytheon Technologies Reports First Quarter 2020 Results

May 7, 2020 6:55 AM EDT

WALTHAM, Mass., May 7, 2020 /PRNewswire/ -- 

Raytheon Technologies (reflects United Technologies results including Otis and Carrier)

Net sales of $18.2 billion, down 1 percent versus prior year including flat organic sales GAAP EPS of a loss of $0.10, including $1.66 of charges related to Otis and Carrier portfolio separation activities Adjusted EPS of $1.78, down 7 percent versus prior year

Raytheon Company (not included in Raytheon Technologies first quarter 2020 results)

Record backlog of $51.3 billion with book-to-bill ratio of 1.44 Net sales of $7.2 billion, up 6.5 percent

Raytheon Technologies Corporation (NYSE:... More