ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — RTX Corporation (RTX) on Tuesday reported first-quarter earnings of $1.54 billion.
The Arlington, Virginia-based company said it had profit of $1.14 per share. Earnings, adjusted for one-time gains and costs, were $1.47 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.
The an aerospace and defense company posted revenue of $20.31 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $19.71 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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