Compared to Estimates, RTX (RTX) Q3 Earnings: A Look at Key Metrics

For the quarter ended September 2024, RTX (RTX) reported revenue of $20.09 billion, up 6% over the same period last year. EPS came in at $1.45, compared to $1.25 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $19.91 billion, representing a surprise of +0.88%. The company delivered an EPS surprise of +9.02%, with the consensus EPS estimate being $1.33.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how RTX performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Adjusted Net Sales- Collins Aerospace: $7.08 billion compared to the $7.12 billion average estimate based on three analysts. Adjusted Net Sales- Pratt & Whitney: $7.24 billion versus $6.94 billion estimated by three analysts on average. Net Sales- Raytheon: $6.39 billion versus the three-analyst average estimate of $6.43 billion. Adjusted Net Sales- Eliminations & Other: -$611 million compared to the -$540 million average estimate based on two analysts. Operating Profit- Collins Aerospace- Adjusted: $1.10 billion versus $1.17 billion estimated by three analysts on average. Operating Profit- Raytheon- Adjusted: $661 million versus the three-analyst average estimate of $600.56 million. Operating Profit- Pratt & Whitney- Adjusted: $597 million versus $562.91 million estimated by three analysts on average. Operating Profit- Corporate expenses and other unallocated items- Adjusted: -$71 million versus the three-analyst average estimate of -$68.33 million. Operating Profit- Eliminations and Other- Adjusted: -$14 million versus -$33.33 million estimated by three analysts on average. View all Key Company Metrics for RTX here>>>Shares of RTX have returned +4.7% over the past month versus the Zacks S&P 500 composite's +2.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Infrastructure Stock Boom to Sweep AmericaA massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.The only question is “Will you get into the right stocks early when their growth potential is greatest?”Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How To Profit From Trillions On Spending For Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RTX Corporation (RTX): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks