© Reuters. Raytheon Technologies Earnings Beat, Revenue Misses In Q3
Investing.com – Raytheon Technologies (NYSE:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that fell short of expectations.
Raytheon (NYSE:) Technologies announced earnings per share of $1.21 on revenue of $17.00. Analysts polled by Investing.com anticipated EPS of $1.14 on revenue of $17.31B.
Raytheon Technologies shares are down 44% from the beginning of the year, still down 15.37% from its 52 week high of $106.02 set on April 21.
Raytheon Technologies follows other major Industrials sector earnings this month
Raytheon Technologies’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Lockheed Martin had beat expectations on Tuesday with third quarter EPS of $6.87 on revenue of $16.58B, compared to forecast for EPS of $6.66 on revenue of $16.66B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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