"U.S. Stocks" RTX's last quarter net profit far exceeded expectations, raising full-year revenue guidance, stock price up nearly 8%

Aerospace and defense company RTX (RTX.US) announced its third-quarter results, with sales of $22.478 billion, an increase of approximately 12% year-on-year. Excluding asset disposals, organic growth was 13%. Earnings per share were $1.41. Adjusted earnings per share were $1.70, a 17% year-on-year increase, exceeding market expectations by 20%.

The group raised its full-year revenue guidance from a previous median of $85.13 billion to $86.75 billion, which is 1.2% higher than market expectations.

RTX Chairman and CEO Chris Calio stated that the strong execution in the third quarter allowed the company to achieve double-digit organic growth across its three major business segments, with adjusted segment profit margins expanding year-on-year for six consecutive quarters. The company recorded $37 billion in new orders during the period, reflecting strong global demand and supporting the company's long-term growth.

The stock rose 7.7% on the evening of the 21st, closing at $173.04