RTX (RTX): U.S. Army awards RTX's Raytheon TOW contracts for $676 million

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Go back to RTX (RTX): U.S. Army awards RTX's Raytheon TOW contracts for $676 million

Jefferies Reiterates Hold Rating on RTX Corp. (RTX)

October 24, 2024 6:22 AM EDT

Jefferies analyst Sheila Kahyaoglu reiterated a Hold rating and $120.00 price target on RTX Corp. (NYSE: RTX)

The analyst comments "Q3:24 Adj. EPS of $1.45 vs our est/cons of $1.24/$1.34. Q3 revs +8% org were 2% above. Adj segment income was $0.10 ahead / 2¢ ahead of consensus. BTL contributed 8¢. 2024 revs guide raised by 0.5% w/ Adj EPS raised 3% or 14¢ to $5.50-5.58 (from $5.35-5.45) vs est/cons of $5.35/$5.47. Pratt and Raytheon segment... More