RTX公司（纽约证券交易所代码：RTX）的股票在公司公布超出预期的2024财年第四季度业绩后上涨。
净销售额同比增长9%，达到216.23亿美元，超出市场预期的205.35亿美元。
调整后每股收益同比增长19%，达到1.54美元，高于市场预期的1.38美元。
RTX公司第四季度的运营现金流总额为16亿美元，自由现金流为5亿美元。
公司本季度向股东返还了37亿美元的资本，使得自合并以来返还的总资本超过了330亿美元。
以下是各个业务部门的具体表现：
- 柯林斯航空：销售额为75.37亿美元，同比增长6%，其中国防业务增长13%，商用售后业务增长12%。商用OE销售下降6%。调整后营业利润同比增长17%，达到12.07亿美元，得益于商用售后和国防业务量的提升。
- 普惠公司：销售额为75.69亿美元，同比增长18%，其中商用售后业务增长17%，军事业务增长8%，商用OE业务增长31%。季度调整后营业利润同比增长77%，达到7.17亿美元。
- 雷神公司：由于陆空防御系统（包括全球爱国者系统、NASAMS和反无人机项目）以及中东客户合同的重新启动，销售额同比增长4%，达到71.57亿美元。剔除资产剥离，销售额同比增长10%。季度调整后营业利润同比增长18%，达到7.28亿美元。截至季度末，积压订单达2180亿美元，其中1250亿美元来自商用航空，930亿美元来自国防业务。
2025年展望：RTX预计调整后销售额为830亿至840亿美元，市场预期为844.7亿美元，调整后每股收益为6.00至6.15美元，市场预期为6.07美元。
公司预计年度自由现金流为70亿至75亿美元。
投资者可以通过iShares美国航空航天与国防ETF（BATS: ITA）和First Trust Indxx航空航天与国防ETF（纽约证券交易所代码：MISL）获取该股票的敞口。
市场动向：截至周二最后一次检查，RTX的股价在盘前交易中上涨4.49%，达到130.67美元。
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图片来源：Shutterstock
以上内容来自Benzinga Earnings专栏，原文如下：
RTX Corporation (NYSE:RTX) shares are trading higher after the company's fourth-quarter fiscal 2024 results exceeded street expectations.
Net sales increased 9% year-over-year (Y/Y) to $21.623 billion, beating the consensus of $20.535 billion.
Adjusted EPS grew 19% Y/Y to $1.54, above the consensus of $1.38.
RTX's operating cash flow for the fourth quarter totaled $1.6 billion and, a free cash flow stood at $0.5 billion.
The company returned $3.7 billion of capital to shareholders this quarter, bringing the total capital returned since the merger to over $33 billion in the year.
Here’s a closer look at the segments:
- Collins Aerospace: Sales were $7.537 billion (+6% Y/Y), led by a 13% Y/Y increase in defense and 12% Y/Y growth in commercial aftermarket. This was partially offset by a 6% decline in commercial OE sales. Adjusted operating profit surged 17% Y/Y to $1.207 billion, aided by higher commercial aftermarket and defense volume.
- Pratt & Whitney: Sales were $7.569 billion (+18% Y/Y), driven by a 17% Y/Y increase in commercial aftermarket, 8% Y/Y military growth, and a 31% Y/Y rise in commercial OE. Adjusted operating profit escalated 77% Y/Y to $717 million in the quarter.
- Raytheon: Sales rose 4% Y/Y to $7.157 billion on higher volume in land and air defense systems, including Global Patriot, NASAMS, and counter-UAS programs, along with the restart of contracts with a Middle Eastern customer. Excluding the divestiture, sales rose 10% Y/Y. The adjusted operating profit upped 18% Y/Y to $728 million in the quarter. At the end of the quarter, the backlog was $218 billion, of which $125 billion was from commercial aerospace and $93 billion was from defense.
Outlook 2025: RTX expects adjusted sales of $83.0 billion-$84.0 billion vs. the consensus of $84.47 billion and adj. EPS of $6.00-$6.15 vs. street view of $6.07.
The company expects free cash flow of $7.0 billion – $7.5 billion for the year.
Investors can gain exposure to the stock via iShares U.S. Aerospace & Defense ETF (BATS:ITA) and First Trust Exchange-Traded Fund First Trust Indxx Aerospace & Defense ETF (NYSE:MISL).
Price Action: RTX shares are up 4.49% at $130.67 premarket at the last check Tuesday.
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Image: Shutterstock