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Raytheon Technologies Earnings beat, Revenue misses In Q1

Published 2021-04-27, 06:58 a/m
© Reuters.  Raytheon Technologies Earnings beat, Revenue misses In Q1
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Investing.com - Raytheon (NYSE:RTN) Technologies reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Raytheon Technologies announced earnings per share of $0.9 on revenue of $15.25B. Analysts polled by Investing.com anticipated EPS of $0.8196 on revenue of $15.37B.

Raytheon Technologies shares are up 13% from the beginning of the year and are trading at $81.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.53% from the start of the year.

Raytheon Technologies follows other major Capital Goods sector earnings this month

Raytheon Technologies's report follows an earnings beat by ASML ADR on Wednesday, April 21, 2021, who reported EPS of $3.86 on revenue of $5.25B, compared to forecasts EPS of $3.07 on revenue of $4.81B.

Honeywell had beat expectations on Friday with first quarter EPS of $1.92 on revenue of $8.45B, compared to forecast for EPS of $1.8 on revenue of $8.08B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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