Raytheon Technologies (RTX) Tops Q1 EPS by 2c, Offers Guidance

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Go back to Raytheon Technologies (RTX) Tops Q1 EPS by 2c, Offers Guidance

Raytheon Technologies Reports First Quarter 2021 Results; Sales, Adjusted EPS and Free Cash Flow Exceeded Expectations

April 27, 2021 6:55 AM EDT

WALTHAM, Mass., April 27, 2021 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) reported first quarter 2021 results.

First quarter 2021

Sales of $15.3 billion GAAP EPS from continuing operations of $0.51, which included $0.39 of net significant and/or non-recurring charges and acquisition accounting adjustments Adjusted EPS of $0.90 Operating cash flow from continuing operations of $723 million; Free cash flow of $336 million Achieved approximately $200 million of RTX synergies Resumed share repurchase program, and repurchased $375 million of shares Closed on the divestiture of Forcepoint for gross proceeds of $1.1... More