- RTX Corp’s adjusted sales for Q1 have exceeded estimates, reaching $19.31 billion, compared to an estimated $18.43 billion.
- Collins Aerospace Systems reported sales of $6.67 billion, narrowly missing the estimated $6.68 billion.
- Pratt & Whitney reported sales of $6.46 billion.
- Raytheon reported sales of $6.66 billion.
- The company reported a negative free cash flow of $125 million, which is better than the estimated negative $170.5 million.
- The adjusted EPS forecast holds steady at $5.25 to $5.40, with an estimate of $5.39.
- Sales forecasts are also steady, ranging between $78.0 billion and $79.0 billion.
- RTX Corp. prioritizes execution and margin expansion, facilitated by their CORE operating system.
- The company maintains a focus on investing in operational modernization, production capacity, digital transformation, and technological innovation to support long-term growth.
- Current ratings for the company include 8 buys, 15 holds, and 2 sells.
Raytheon Technologies on Smartkarma
Analysts on Smartkarma are bullish on Raytheon Technologies, with positive insights provided by Baptista Research. In their report, “RTX Corporation: Can Their Investments In Differentiated Technologies Further Build Their Competitive Moat? – Major Drivers,” key leaders from RTX Corporation showcased a strong performance in Q4 2023. The company reported impressive full-year results, including a significant growth in adjusted sales and EPS, indicating a solid operational outlook under the new leadership structure.
Another report by Baptista Research, “RTX Corporation: Navigating Turbulence in the Aerospace and Defense Industry! – Key Drivers,” highlighted RTX Corp’s successful management of recent challenges and a beat in its latest results. The defense segment’s positive outlook, driven by increased global defense spending, and strategic portfolio adjustments through divestments further support RTX’s growth trajectory. Overall, these analyst insights point towards a promising future for Raytheon Technologies in navigating industry dynamics and enhancing its competitive position.
A look at Raytheon Technologies Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Raytheon Technologies is positioned for a promising long-term outlook according to the Smartkarma Smart Scores. The company scores high in Growth and Momentum, indicating robust potential for future expansion and market performance. With a focus on innovative solutions in aircraft manufacturing, Raytheon Technologies is well-positioned to capitalize on advancements in technology and engineering capabilities to drive continued success.
Moreover, Raytheon Technologies maintains solid scores in Value, Dividend, and Resilience, showcasing a balanced approach to financial health and stability. This combination of factors bodes well for the company’s overall outlook, suggesting a strong foundation for sustained growth and shareholder value over the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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