Raytheon Technologies Corp. (RTX) PT Raised to $105 at Vertical Research Partners
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- Cadence (CDNS) tumbles despite Q1 beat on top and bottom lines
- Tesla expands price cuts to China, Germany after reducing FSD cost; shares down
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- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
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Raytheon (RTX) Gains on Beat-and-Raise, CEO Says Next War Will Be Fought in Cyber Space and Then Outer Space
July 27, 2021 11:56 AM EDTShares of Raytheon Technologies (NYSE: RTX) are trading over 3.7% higher Tuesday after the company delivered a beat-and-raise quarter.
RTX made a profit of $1.03 per share in Q2 to top analysts estimates of $0.93 per share. Revenue came in at $15.88 billion to also top the Streets estimates.
"What really happened in the second quarter is airlines aggressively got back into the business of making sure their fleets were ready for this... More
Raytheon Technologies (RTX) Tops Q2 EPS by 10c, Lifts FY Guidance
July 27, 2021 6:58 AM EDTRaytheon Technologies (NYSE: RTX) reported Q2 EPS of $1.03, $0.10 better than the analyst estimate of $0.93. Revenue for the quarter came in at $15.9 billion versus the consensus estimate of $15.82 billion.
GUIDANCE:
Raytheon Technologies sees FY2021 EPS of $3.85-$4.00, versus the consensus of $3.85.... More