Raytheon Technologies (RTX) Tops Q1 EPS by 14c, Trims FY Revenue Guidance

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Raytheon Technologies Reports Q1 2022 Results

April 26, 2022 6:55 AM EDT

Strong EPS growth and margin expansion driven by Commercial Aerospace

WALTHAM, Mass., April 26, 2022 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) reported first quarter 2022 results and updated its 2022 outlook.

First quarter 2022

Sales of $15.7 billion, up 3 percent versus prior year including 4 percent organic growthGAAP EPS from continuing operations of $0.74, up 45 percent versus prior year, including $0.41 of acquisition accounting adjustments and net significant and/or non-recurring chargesAdjusted EPS of $1.15, up 28 percent versus prior yearOperating cash... More