"Last quarter, RTX delivered adjusted EPS of $1.55 against a $1.47 estimate, a 5.44% beat, while revenue of $24.24 billion topped the $22.63 billion estimate by 7.10% and rose 12.1% year over year."
"CEO Chris Calio set the tone on the Q4 call: 'We understand that our products are critical to maintaining security around the world, and we fully support the Department of War's transformation objectives to significantly increase capacity and accelerate production over a sustained period.'"
"Raytheon segment performance is the most critical watch item. Management guided for Raytheon adjusted operating profit growth of $200 to $300 million versus the prior year in 2026."
RTX is set to report its Q1 2026 results, influenced by increased defense demand due to the Iran War and a substantial commercial aerospace backlog. Last quarter, RTX exceeded EPS and revenue estimates, with significant growth in free cash flow and a total backlog of $268 billion. The geopolitical situation has intensified, impacting defense procurement timelines. Raytheon's performance is crucial, with management expecting adjusted operating profit growth. Clarity on tariff exposure will also be important for this quarter's results.
Read at 24/7 Wall St.
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