RTX

Blowout Q3 Earnings On Oct. 21, RTX reported a blowout quarter. Total sales jumped 12% year-over-year to $22.48 billion globalbankingandfinance.com, handily above the ~$21.3B Wall Street estimate. Adjusted earnings came in at $1.70 per share, well above the consensus ~$1.41 globalbankingandfinance.com investing.com. The results were driven by strength across its portfolio: Collins Aerospace revenues hit $7.62B (+8%), and Pratt & Whitney engine sales rose 16% to $8.42B (boosted by surging Airbus A320neo orders) globalbankingandfinance.com. RTX’s defense unit (legacy Raytheon) reported a 10% jump in sales, “predominantly from higher sales for its Patriot air defense systems” being used in Ukraine globalbankingandfinance.com.