Investing.com - Raytheon Technologies (NYSE:RTX) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Raytheon (NYSE:RTN) Technologies announced earnings per share of $0.58 on revenue of $15.05B. Analysts polled by Investing.com anticipated EPS of $0.5 on revenue of $15.05B.
Raytheon Technologies shares are up 19% from the beginning of the year, still down 39.01% from its 52 week high of $99.70 set on February 11. They are outperforming the S&P 500 which is up 5.27% from the start of the year.
Raytheon Technologies follows other major Capital Goods sector earnings this month
Raytheon Technologies's report follows an earnings beat by ASML ADR on October 14, who reported EPS of $2.99 on revenue of $4.65B, compared to forecasts EPS of $2.64 on revenue of $4.36B.
Lockheed Martin had beat expectations on October 20 with third quarter EPS of $6.25 on revenue of $16.5B, compared to forecast for EPS of $6.09 on revenue of $16.11B.
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