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Benzinga
Benzinga
Business
Akanksha Bakshi

RTX Lifts Sales Outlook On Strong Backlog, Segment Growth

RTX Chris Calio Pratt Whitney
Stuttgart,,Germany,-,08-06-2023:,Person,Holding,Cellphone,With,Web,Page

RTX Corp. (NYSE:RTX) shares traded lower Tuesday, even after the company reported stronger-than-expected results for the second quarter of fiscal 2025 and raised its full-year sales forecast.

The company posted net sales of $21.58 billion, a 9% increase from a year earlier, beating analyst estimates of $20.66 billion. Adjusted earnings per share rose 11% to $1.56, topping the consensus estimate of $1.45.

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