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Raytheon Technologies Reaffirms FY23 Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Tuesday, aerospace and defense company Raytheon Technologies Corp. (RTX) reaffirmed its adjusted earnings outlook for the full-year 2023.
For fiscal 2023, the company continues to project adjusted earnings in a range of $4.90 to $5.05 per share on sales between $72.0 billion and $73.0 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $5.01 per share on sales of $72.43 billion for the year. Analysts' estimates typically exclude special items.
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Pratt & Whitney, an RTX (RTX) business, announced Monday that aircraft lessor SMBC Aviation Capital has exercised options for 22 firm orders. This is supplemental to a 2021 order for 20 additional firm aircraft, bringing the lessor's additional commitment to 42 firm A320neo family aircraft equipped with GTF engines.
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Raytheon Secures $506 Mln NASA Contract To Develop Landsat Next Instrument Suite
Defense solutions provider Raytheon, an RTX Corp. (RTX) business, announced Thursday it was awarded a $506 million contract from NASA to design and build the Landsat Next Instrument Suite (LandIS), which includes three next generation space instruments, with an option for an additional instrument.
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RTX Corp. Guides FY24 Adj. EPS In Line And Sales Below Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, aerospace and defense company RTX Corp. (RTX), previously Raytheon Technologies Corp., initiated its adjusted earnings and sales outlook for the full-year 2024. It also trimmed its adjusted annual sales growth guidance for 2020 to 2025.
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Pratt & Whitney GTF Engines Selected By Viva Aerobus To Power 90 More Airbus A321neo's
Pratt & Whitney, an Raytheon Technologies Corp. (RTX) business, announced Wednesday that Mexican airline Viva Aerobus has selected its GTF engines to power an additional 90 Airbus A321neo firm aircraft orders, the first of which is expected to be delivered in 2027.
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Raytheon Technologies Boosts FY22 Adj. EPS Outlook
While reporting financial results for the third quarter on Tuesday, aerospace and defense company Raytheon Technologies Corp. (RTX) raised its adjusted earnings outlook for the full-year 2022, while trimming annual revenue guidance.
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U.S. Wholesale Inventories Inch Up Less Than Expected In June
Wholesale inventories in the U.S. crept up by less than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said wholesale inventories inched up by 0.1 percent in June after falling by 0.3 percent in May. Economists had expected wholesale inventories to rise by 0.2 percent, in line with the preliminary estimate.
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