New York, Jan 26, 2026, 21:28 EST — Market closed.
- RTX shares dipped 0.9% on Monday as investors awaited results set for release before Tuesday’s open.
- Airbus flagged persistent delivery issues linked to Pratt & Whitney engines.
- Options traders are betting on about a 5% move after earnings.
RTX (RTX.N) shares dipped 0.9% to end Monday at $194.13, as investors braced for the aerospace and defense giant’s quarterly earnings report set to drop before the market opens. 1
The update arrives amid mounting pressure from Airbus, a key Pratt & Whitney customer. Airbus CEO Guillaume Faury highlighted that the planemaker’s “most serious difficulties” lie with Pratt & Whitney engines and rival CFM, intensifying concerns about supply reliability ahead of RTX’s earnings. 2
This is key since Pratt & Whitney’s delivery speed and repair volume directly impact cash flow timing and customer payouts, while RTX aims to keep up the pace at its defense unit, Raytheon. Investors often react more to guidance than the actual quarterly results, searching for clues that backlog is converting into revenue.
RTX plans to report its fourth-quarter and full-year 2025 earnings on Tuesday before U.S. markets open, with a conference call set for 8:30 a.m. ET. 3
Wall Street is looking for earnings near $1.47 per share on roughly $22.7 billion in revenue, based on consensus estimates released Monday. 4
Signals in the commercial aviation supply chain remain mixed. Embraer’s commercial chief, Arjan Meijer, told Reuters that Pratt & Whitney has “largely overcome shortages and maintenance bottlenecks,” but added the dispute over geared turbofan engines on Airbus jets has intensified. 5
The geared turbofan, or GTF, stands as Pratt & Whitney’s flagship narrowbody engine line and remains a focal point for investors due to accelerated inspection demands. RTX had earlier projected it would pull 600 to 700 engines from Airbus A320neo-family planes for extensive checks between 2023 and 2026, linked to a powder-metal problem. 6
RTX slipped Monday, mirroring losses across major aerospace and defense stocks like Lockheed Martin and Boeing. 7
Options trading points to a big move in RTX following Tuesday’s earnings, with implied volatility pricing in about a 5% swing. This is a market measure of how much the stock could jump or drop after the report. 8
But the situation is double-edged. Should RTX signal inspection and compensation costs exceeding expectations, or if engine deliveries and shop visits lag behind customer hopes, the stock might still take a hit despite beating top-line estimates.
Investors are zeroing in on Tuesday’s earnings and, crucially, RTX’s outlook on 2026 cash flow, Pratt & Whitney engine availability, and the speed of the GTF inspection program during the 8:30 a.m. ET call.
