Raytheon Technologies (RTX) Tops Q2 EPS by 10c, Lifts FY Guidance
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Raytheon Technologies Reports Strong Second Quarter 2021 Results; Raises 2021 Outlook
July 27, 2021 6:55 AM EDTWALTHAM, Mass., July 27, 2021 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) reported second quarter 2021 results.
Second quarter 2021
Sales of $15.9 billion GAAP EPS from continuing operations of $0.69, which included $0.34 of acquisition accounting adjustments and net significant and/or non-recurring charges Adjusted EPS of $1.03 Operating cash flow from continuing operations of $1.3 billion; Free cash flow of $966 million Company backlog of $151.8 billion; including defense backlog of $66.1 billion and book-to-bill of 1.12 Achieved approximately $185 million of incremental RTX synergies Repurchased $632 million of RTX sharesRaytheon... More
