Raytheon Technologies (RTX) Tops Q3 EPS by 18c, Raises FY EPS Guidance
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Raytheon Technologies Reports Third Quarter 2021 Results; Raises 2021 Adjusted EPS Outlook
October 26, 2021 6:55 AM EDTWALTHAM, Mass., Oct. 26, 2021 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) reported third quarter 2021 results.
Third quarter 2021
Sales of $16.2 billion GAAP EPS from continuing operations of $0.93, which included $0.33 of acquisition accounting adjustments and net significant and/or non-recurring charges Adjusted EPS of $1.26 Operating cash flow from continuing operations of $1.9 billion; Free cash flow of $1.5 billion Company backlog of $156.1 billion; including defense backlog of $65.0 billion Achieved approximately $165 million of incremental RTX gross cost synergies Repurchased $1.0 billion of RTX sharesRaytheon Technologies... More
