RTX Corp Shares Surge Ahead of Strong Earnings Outlook

RTX Corporation (NYSE: RTX) closed at $189.73, up 1.28%, outperforming the S&P 500’s 0.79% gain. Over the past month the stock rose 7.41% while the broader aerospace sector fell 0.43% and the S&P 500 declined 1.82%.

Analysts project first‑quarter earnings of $1.66 per share, a 6.41% year‑over‑year increase, with revenue expected at $22.89 billion, up 6.07%. For the full fiscal year, consensus forecasts call for earnings of $6.91 per share and revenue of $93.91 billion, representing gains of 9.86% and 5.98% respectively. RTX holds a Zacks Rank of #2 (Buy) and trades at a forward P/E of 27.1, above the industry average, indicating market expectations of continued outperformance.