RTX Q3 Adjusted EPS Jumps 33% to $2.26, Guidance Raised Again
RTX sits 25% above its 52-week low of $156.1.
Summary
RTX posted Q3 adjusted EPS of $2.26, up 33%, on sales of $25.0B, up 11%, and raised 2026 guidance for sales, EPS and cash flow, now seeing full-year adjusted EPS of $7.65-$7.75. That extends the momentum from Q2, when adjusted EPS of $1.89 rose 21% on 16% organic growth and management lifted the full-year revenue outlook to $95-96B. In the quarter, Pratt & Whitney results were weighed down by a customer bankruptcy, while Collins Aerospace OE volume drove strong third-quarter margin expansion. The beat-and-raise lands on top of a heavy defense booking stretch: a $22.9B Navy Tomahawk award in August, a $20.7B AMRAAM multi-year in September and a Standard Missile-6 contract worth up to $24.4B on October 1. For a company this size, a 33% EPS increase with another guidance hike is a genuine thesis update, not noise.
At the time of this announcement, RTX was trading at $195.20 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $258.9B. The 52-week trading range was $156.10 to $226.88. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.