RTX Beats Q3 Estimates with $2.58 Billion Profit, Raises Full-Year Guidance

RTX Corporation (RTX) reported third-quarter net income of $2.58 billion, or $1.89 per share, exceeding Wall Street expectations, the aerospace and defense company said Tuesday. Adjusted earnings came to $2.26 per share, beating the $1.78 average estimate of five analysts surveyed by Zacks Investment Research. Revenue for the period reached $24.97 billion, also topping the $24.01 billion forecast. The Arlington, Virginia-based company guided full-year earnings to a range of $7.65 to $7.75 per share, with revenue projected between $97 billion and $97.5 billion.