Categories AlphaGraphs, Earnings, Industrials

Infographic: Raytheon Technologies Q1 sales up 10%; reaffirms FY23 guidance

Aerospace company Raytheon Technologies Corporation (NYSE: RTX) reported higher earnings and revenues for the first quarter of 2023.

Raytheon Technologies Q1 2023 earnings infographic

Total sales increased 10% year-over-year to $17.21 billion in the first three months of fiscal 2023, with strong contributions from the core Collins Aerospace and Patt & Whitney segments. The management reaffirmed its full-year sales guidance at $72-73 billion.

At $1.22 per share, first-quarter adjusted earnings were up 6% from last year. On a reported basis, net profit advanced to $1.42 billion or $0.97 per share from $1.10 billion or $0.74 per share in the corresponding period of last year.

“Our previously announced business realignment, which is on track for July, will unlock additional value as we more fully integrate our teams and capabilities to drive improved customer solutions and operational performance,” said the company’s CEO Greg Hayes.

Prior Performance

  • Raytheon-Q4-2022-Earnings-Infographic
  • Raytheon Q2 earnings release

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Important takeaways from Broadcom’s (AVGO) Q4 2023 earnings

Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) ended fiscal 2023 on a positive note, delivering strong results for the fourth quarter. In the new fiscal year, the company’s focus will be

Here’s what Signet Jewelers (SIG) expects for the holiday season and beyond

Shares of Signet Jewelers Limited (NYSE: SIG) were down over 2% on Friday. The stock has gained 40% year-to-date and 27% over the past three months. The jewelry retailer saw

DOCU Earnings: DocuSign Q3 2024 revenue up 9%; profit beats estimates

eSignature service provider DocuSign, Inc. (NASDAQ: DOCU) reported higher revenues and better-than-expected adjusted earnings for the third quarter of 2024. The company also provided guidance for the fourth quarter and

Add Comment
Viewing Highlight