RTTNews | Jan 26, 2021 07:07AM EST

07:07 Tuesday, January 26, 2021 (RTTNews.com) - Raytheon Technologies Corporation (RTX) revealed a profit for fourth quarter that decreased from last year.

The company's earnings totaled $0.14 billion, or $0.09 per share. This compares with $1.14 billion, or $1.32 per share, in last year's fourth quarter.

Excluding items, Raytheon Technologies Corporation reported adjusted earnings of $1.12 billion or $0.74 per share for the period.

The company's revenue for the quarter rose 40.5% to $16.42 billion from $11.69 billion last year.

Raytheon Technologies Corporation earnings at a glance:

-Earnings (Q4): $1.12 Bln. vs. $1.00 Bln. last year.-EPS (Q4): $0.74 vs. $1.16 last year.-Revenue (Q4): $16.42 Bln vs. $11.69 Bln last year.

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