Raytheon Technologies tops earnings, misses revenue expectations - announces realignment plans

Go back to Raytheon Technologies tops earnings, misses revenue expectations - announces realignment plans

Raytheon Technologies Reports 2022 Results, Announces 2023 Outlook and Plan to Realign into Three Business Segments

January 24, 2023 6:45 AM EST

RTX expects continued sales and earnings growth in 2023; will more fully leverage scale with streamlined business operations

ARLINGTON, Va., Jan. 24, 2023 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) reported fourth quarter 2022 results and announced its 2023 outlook and plan to realign its business units into three segments.

Fourth quarter 2022

Sales of $18.1 billionGAAP EPS from continuing operations of $0.96, which included $0.31 of acquisition accounting adjustments and net significant and/or non-recurring chargesAdjusted EPS of $1.27Operating cash flow from... More