Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
RTX Corporation reported its fourth-quarter earnings for fiscal year 2024, revealing adjusted earnings per share (EPS) of $1.54, surpassing analysts' expectations of $1.39. The company's revenue reached $21.62 billion, exceeding the forecast of $20.51 billion and marking a 9% increase year-over-year. Pratt & Whitney, a division of RTX, contributed $7.57 billion in sales, also above the estimated $7.13 billion. For fiscal year 2025, RTX anticipates adjusted EPS between $6.00 and $6.15, compared to the estimate of $6.08, and projected sales of $83 billion to $84 billion, slightly below the expected $84.53 billion. The company reported a backlog of $218 billion, with $125 billion in commercial and $93 billion in defense contracts.
$UPS Reports Q4 $2.75 v $2.52e, Rev $25.3B v $25.3Be; Guides FY25 very weak (United Parcel Service Inc) - Guides initial FY25 Rev $89B v $94.6Be - Reaches agreement in principle with its largest customer to lower its volume by more than 50% by H2 2026; Reconfiguring its U.S.โฆ
$UPS Q4Earnings Highlights: ๐น EPS: $2.75 (Est. $2.53) ๐ข; UP +11.3% YoY ๐น Revenue: $25.3B (Est. $25.39B) ๐ก; UP +1.5% YoY ๐น Operating Profit: $2.9B; UP +18.1% YoY ๐น Non-GAAP Adj. Operating Margin: 12.3% FY25 Outlook: ๐น Revenue: ~$89.0B (Est. $94.9B) ๐ด ๐น Operating Margin:โฆ
General Dynamics reports strong Q4 earnings with a 14.3% increase in revenue to $13.338 billion and $EPS at $4.15, up 14% year-over-year. Gulfstream delivered 136 aircraft and operating earnings rose 10.5% to $1.423 billion. $GD
