RTX - RTX Soars Above Estimates in Q1 Reiterates FY24 Outlook | Benzinga
RTX Corporation (NYSE:RTX) reported a first-quarter FY24 adjusted net sales increase of 12% Y/Y to $19.3 billion, beating the consensus of $18.4 billion.
Collins Aerospace’s sales were $6.7 billion (+9% Y/Y), driven by a 14% increase in commercial aftermarket and commercial OE and a 1% increase in defense. The adjusted operating margin expanded by 90 bps Y/Y to 15.7%.
Related: RTX’s Collins Aerospace To Elevate Air India’s 737 MAX Fleet with Advanced Avionics Package: Details
Pratt & Whitney’s sales were $6.46 billion (+23% Y/Y), driven by a 64% increase in commercial OE, a ...