Raytheon Technologies Earnings, Revenue Beat in Q4

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Raytheon (NYSE:RTN) Technologies announced earnings per share of $0.74 on revenue of $16.58B. Analysts polled by Investing.com anticipated EPS of $0.6925 on revenue of $16.24B.

Raytheon Technologies shares are down 7% from the beginning of the year, still down 33.52% from its 52 week high of $99.70 set on February 11, 2020. They are under-performing the S&P 500 which is up 2.64% from the start of the year.

Raytheon Technologies’s report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.

General Electric had missed expectations on Tuesday with fourth quarter EPS of $0.08 on revenue of $21.93B, compared to forecast for EPS of $0.0887 on revenue of $21.76B.

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