Raytheon Technologies tops earnings, misses revenue expectations - announces realignment plans
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Raytheon Technologies (RTX) Tops Q4 EPS by 3c
January 24, 2023 6:50 AM ESTRaytheon Technologies (NYSE: RTX) reported Q4 EPS of $1.27, $0.03 better than the analyst estimate of $1.24. Revenue for the quarter came in at $18.09 billion versus the consensus estimate of $18.19 billion.
For earnings history and earnings-related data on Raytheon Technologies (RTX) click here.
... MoreRaytheon Technologies (RTX) Reports FY22 Results, Plans to Realign into Three Business Segments
January 24, 2023 6:45 AM ESTRaytheon 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 continuing operations of $4.6 billion; Free cash flow of $3.8 billionAchieved approximately $130 million of incremental RTX gross cost synergiesCompany backlog of $175 billion; including defense backlog of $69 billionRepurchased $408 million of RTX sharesFull year... More
