Raytheon Technologies Earnings Beat, Revenue Misses In Q3

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Raytheon (NYSE:RTN) Technologies announced earnings per share of $1.21 on revenue of $17.00. Analysts polled by Investing.com anticipated EPS of $1.14 on revenue of $17.31B.

Raytheon Technologies shares are down 44% from the beginning of the year, still down 15.37% from its 52 week high of $106.02 set on April 21.

Raytheon Technologies’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.

Lockheed Martin had beat expectations on Tuesday with third quarter EPS of $6.87 on revenue of $16.58B, compared to forecast for EPS of $6.66 on revenue of $16.66B.

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