Why RTX Stock Is Flying Higher Today
From Nasdaq: 2025-01-28 14:06:42
Shares of RTX (NYSE: RTX) surged 2.5% on Tuesday following the release of its earnings report. The company reported a 9% year-over-year increase in sales for Q4 and an adjusted earnings per share of $1.54, beating Wall Street’s expectations. However, RTX’s guidance for 2025 fell short of investor expectations, with a sales target range of $83 billion to $84 billion, slightly lower than projections. Despite the strong performance in 2024, RTX’s stock price increase was more modest due to the underwhelming guidance for the upcoming year.
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