© Reuters. Raytheon Technologies Earnings, Revenue beat in Q2
Investing.com – Raytheon (NYSE:) Technologies reported on Tuesday second quarter that beat analysts’ forecasts and revenue that topped expectations.
Raytheon Technologies announced earnings per share of $1.03 on revenue of $15.88B. Analysts polled by Investing.com anticipated EPS of $0.9291 on revenue of $15.83B.
Raytheon Technologies shares are up 20% from the beginning of the year and are trading at $85.95 , down-from-52-week-high.They are outperforming the S&P 500 which is up 17.74% from the start of the year.
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 $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.
Honeywell had beat expectations on Friday with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.