Benzinga | Jan 25, 2022 07:12AM EST

Recap: Raytheon Technologies Q4 Earnings



Raytheon Technologies (NYSE:RTX) reported its Q4 earnings results on Tuesday, January 25, 2022 at 06:55 AM.

Here's what investors need to know about the announcement.

Earnings

Raytheon Technologies beat estimated earnings by 5.88%, reporting an EPS of $1.08 versus an estimate of $1.02, which did not surprise analysts.

Revenue was up $625.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.18, which was followed by a 0.0% increase in the share price the next day.

Here's a look at Raytheon Technologies's past performance:



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 1.08 0.93 0.88 0.70EPS Actual 1.26 1.03 0.90 0.74Revenue Estimate 16.36B 15.82B 15.36B 16.24BRevenue Actual 16.21B 15.88B 15.25B 16.42B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Raytheon Technologies management provided guidance for their next quarter, expecting earnings between $4.6 and $4.8 per share for the next quarter.

This represents a 335.19% in quarter-over-quarter growth for Raytheon Technologies, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.