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BUZZ-RTX rises after Q4 results beat

ReutersJan 28, 2025 12:01 PM

** Aerospace and defense major RTX's RTX.N shares up 1.6% at $127.02 premarket

** Co's Q4 sales and profit beat estimates as demand for its aircraft parts and repair services benefited from airlines flying older, maintenance-intensive planes to cope with a jet shortage

** Posts Q4 adjusted EPS of $1.54, above analysts' average estimates of $1.38, according to data compiled by LSEG

** Q4 sales of $21.62 billion also above expectations of $20.54 billion

** Expects 2025 adjusted EPS between $6 and $6.15, mid-point roughly in line with estimates of $6.07

** However, 2025 adjusted sales forecast of between $83 billion and $84 billion below estimates of $84.47 billion

** Stock rose ~37.5% in 2024

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