ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — RTX Corporation (RTX) on Tuesday reported fourth-quarter earnings of $1.48 billion.
On a per-share basis, the Arlington, Virginia-based company said it had net income of $1.10. Earnings, adjusted for one-time gains and costs, were $1.54 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
The an aerospace and defense company posted revenue of $21.62 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $20.56 billion.
For the year, the company reported profit of $4.77 billion, or $3.55 per share. Revenue was reported as $80.74 billion.
RTX expects full-year earnings in the range of $6 to $6.15 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RTX at https://www.zacks.com/ap/RTX
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