RTX Shares Surge Following Better-Than-Expected Q4 Results

Boosted by a rise in air travel and military spending, the company anticipates full-year earnings in the range of $5.25 to $5.40 per share.

RTX shares surged close to 6% in intraday trading Tuesday after the aerospace and defense contractor posted better-than-expected results, helped by a rise in air travel and military spending.
The company formerly known as Raytheon reported fourth quarter earnings per share (EPS) of $1.29, with revenue up 10% from the year before to $19.9 billion.
Sales at the Collins Aerospace division were up 14% to $7.12 billion, boosted by a commercial settlement and a jump in demand for aftermarket products as airlines put more planes in the air amid a travel boom.
The Pratt & Whitney engine unit posted a 25% increase in revenue to $6.44 billion, bouncing back after a 2023 recall and inspection of engines used on Airbus A320neo passenger jets.
RTX expects full-year earnings in the range of $5.25 to $5.40 per share, with revenue in the range of $78 billion to $79 billion.