RTX Corporation reported strong third-quarter results on Tuesday, announcing $20.1 billion in sales for Q3 2024, a 49% rise compared to the previous year.
In the same three-month report, RTX declared a net income of $1.5 billion, up 250% from last year and $1.09 per diluted share. The company also delivered $2.5 billion in operating cash flow and returned $1.1 billion to shareholders. With significant performance from divisions like Pratt & Whitney and Collins Aerospace, RTX raised its full-year adjusted sales projection to between $79.25 billion and $79.75 billion.
"RTX delivered another strong quarter of organic sales growth, adjusted segment margin expansion, and free cash flow," said RTX President and CEO Chris Calio. "Demand across our portfolio, particularly within commercial aftermarket and defense, remains robust and gives us the confidence to again raise our full year outlook for adjusted sales and adjusted EPS."
RTX Corporation shares were flat following the report's release in the premarket in New York.
