BUZZ-RTX jumps after lifting full-year earnings forecast

Reuters
Yesterday
BUZZ-RTX jumps after lifting full-year earnings forecast

** Shares of RTX RTX.N jump 6.1% to $170.53 in premarket trading

** Aerospace firm raises its 2025 profit, rev forecast on strong demand for its Pratt & Whitney airplane engines and defense products

** Raises 2025 adjusted EPS forecast to $6.10-$6.20 vs $5.80-$5.95 earlier; adjusted sales estimate seen at $86.5-$87.0 billion vs $84.75-$85.5 billion earlier

** Brokerages rate the stock "buy" on average; their median PT is $173.5 - LSEG data

** Up to last close, Pratt owner RTX's RTX.N ~39% YTD climb trails rival GE Aerospace's GE.N ~82% surge

(Reporting by Nandan Mandayam in Bengaluru)

((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10