| (USD) | Jun 2024 | Q/Q |
|---|---|---|
| Revenue | 19.7B | +2% |
| Operating Income | 529MM | -72% |
| Operating Expenses | 19.2B | - |
| Net Income | 111MM | -94% |
| R&D | 706MM | +6% |
| G&A | 1.4B | +4% |
| Amortization | 534MM | +2% |
| Interest Expense | 475MM | +17% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Q2 2024 RTX Corp Earnings Call
(Bloomberg) -- RTX Corp. said it has set aside a combined $959 million as part of a deal with the US government to settle a criminal investigation into pricing for missile and defense services, as well as a separate corruption probe.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Trains Hit By Sabotage Hours Before Olympics Kick OffHarris Just Showed Why Trump Is So Afraid of HerFed’s Favored Price Gauge Rises at Mild Pace, Spending Holds UpGreat Rot
The company formerly known as Raytheon has set aside $1.24 billion to resolve a series of government investigations into its business practices, including a bribery probe sparked by allegations of corrupt dealings with a member of Qatar’s ruling royal family.
Market averages (^DJI, ^IXIC, ^GSPC) seek to reverse their bad luck from Wednesday and hold on to gains heading into Thursday's market close. Julie Hyman and Josh Lipton report on the top market movers and leading industry stories while helping investors through the final trading hour. Royal Caribbean Group (RCL) CFO Naftali Holtz joins the program to comment on the cruise operator's second quarter earnings and why it continues to see "very, very strong" demand. For this week's Good Buy or Goodb...
Shares of aerospace and defense company Raytheon (NYSE:RTX) jumped 10% in the afternoon session after the company reported a "beat and raise" quarter. RTX blew past analysts' organic revenue expectations. Its revenue also outperformed Wall Street's estimates. That the company raised full year revenue and EPS expectations is icing on the cake. Overall, we think this was a really good quarter that should please shareholders.
Shares of RTX (RTX), formerly Raytheon Technologies, are rising after the aerospace and defense contractor posted better-than-expected second quarter earnings and lifted its full-year guidance. Market Domination Hosts Julie Hyman and Josh Lipton dig into the company's earnings and how it stacks up to other names in the defense sector, like Lockheed Martin (LMT) For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written ...
Strong commercial demand leads to an earnings beat.
Farnborough Air Show -- Pratt & Whitney, an RTX (NYSE: RTX) business, and OGMA Indústria Aeronáutica de Portugal S.A. ("OGMA"), an Embraer company, announced today the induction of the first Pratt & Whitney GTF™ engine at OGMA during the inaugural opening of the Alverca-based facility.
RTX earnings call for the period ending June 30, 2024.
**↘️** **Ford (F)** and **Stellantis (STLA**, **IT: STLAM)**: The automakers' shares slid in early trading, helping fuel a global selloff in auto stocks. The companies both reported disappointing earnings and left their annual outlooks unchanged.