RTX Earnings Prediction
The chart below shows how RTX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, RTX sees a -1.70% change in stock price 10 days leading up to the earnings, and a +0.90% change 10 days following the report. On the earnings day itself, the stock moves by +1.17%. This data can give you a slight idea of what to expect for the next quarter's release.
RTX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
20.09B
49.21%
1.87%
Gross Margin
20.08%
278.87%
10.63%
Operating Margin
12.59%
24.04%
140.27%
Net Margin
7.64%
210.25%
758.43%
EPS
1.09
260.29%
1262.50%
No Data Available
RTX Earnings Analysis
RTX Corporation Corporation (RTX.N) Earnings Conference Call
Positive
Strong Quarterly Performance: R TX delivered another strong quarter of performance, building on our momentum from the first half of the year.
Strong Demand and Sales Growth: Demand across the business, including double-digit growth in commercial aftermarket and defense remains robust and drove 8% organic sales growth.
Margin Expansion and Cash Flow: Our focus on execution drove 100 basis points of segment margin expansion in the quarter and free cash flow was strong at $2 billion.
Share Repurchase Completion: We completed the accelerated share repurchase program we initiated last October, returning $10.3 billion of capital to shareholders.
Shareholder Capital Return: We have now returned over $32 billion of capital to shareholders since the merger, putting us well on track to deliver on our commitment of $36 billion to $37 billion by the end of next year.
Negative
Sales Performance Analysis: R T X's adjusted sales of $20.1 billion were up 6% but fell short of expectations, indicating potential challenges in meeting future targets.
Commercial OE Segment Decline: The commercial OE segment saw a decline of 8% year-over-year, driven by lower narrow-body volume at Collins, which may impact overall revenue.
Defense Sales Growth Offset: The defense segment's sales were up 14%, but this was offset by lower commercial OE volume, suggesting a reliance on defense contracts for growth.
Operating Profit Margin Decline: The company expects a significant drop in operating profit margins in Q4, with guidance indicating a potential decrease of 15% due to ongoing challenges in the supply chain.
Free Cash Flow Adjustment: Free cash flow guidance for the year has been adjusted down to approximately $4.7 billion, reflecting tighter cash management amid rising costs.
RTX FAQs
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RTX Earning Call Sentiment
RTX Corporation (RTX) Q3 2024 Earnings Call Transcript
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00:00
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RTX.N
-0.21%Positive
The earnings call showed strong financial performance with significant sales and profit growth, positive adjusted EPS, and a healthy backlog. The Q&A highlighted robust demand and productivity improvements, despite some uncertainty in delivery timelines and GTF payments. The optimistic guidance and shareholder returns further support a positive outlook. However, the lack of precise details in some management responses slightly tempers the enthusiasm. Overall, the sentiment leans positive, predicting a 2% to 8% stock price increase.