Raytheon (NYSE:RTN) Technologies announced earnings per share of $1.08 on revenue of $17.04B. Analysts polled by Investing.com anticipated EPS of $1.02 on revenue of $17.28B.
Raytheon Technologies shares are up 2% from the beginning of the year, still down 4.71% from its 52 week high of $92.48 set on January 14. They are outperforming the S&P 500 which is down 7.47% from the start of the year.
Raytheon Technologies’s report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $2.66 on revenue of $5.73B, compared to forecasts EPS of $2.61 on revenue of $5.6B.
General Electric had beat expectations on Tuesday with fourth quarter EPS of $0.92 on revenue of $20.3B, compared to forecast for EPS of $0.8458 on revenue of $21.34B.
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