RTX Smashes EPS in Q4; Revenue Surges

RTX Corp. (NYSE:RTX), a prominent player in the aerospace and defense industry, reported fourth-quarter and full-year 2024 earnings on Tuesday, Jan. 28, that topped analysts' consensus estimates. Adjusted earnings per share of $1.54 beat the anticipated $1.38 and rose a substantial 19.4% over Q4 2023. Revenue of $21.6 billion surpassed the forecasted $20.54 billion and jumped 8.6% year over year.

Overall, RTX demonstrated robust demand and strategic capability to manage costs, signaling a successful quarter despite challenges related to supply chains and government dependencies.

Source: RTX. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.

Source Fool.com