RTX公司（紐約證券交易所代碼：RTX）的股票在公司公布超出預期的2024財年第四季度業績後上漲。
淨銷售額按年增長9%，達到216.23億美元，超出市場預期的205.35億美元。
調整後每股收益按年增長19%，達到1.54美元，高於市場預期的1.38美元。
RTX公司第四季度的運營現金流總額為16億美元，自由現金流為5億美元。
公司本季度向股東返還了37億美元的資本，使得自合併以來返還的總資本超過了330億美元。
以下是各個業務部門的具體表現：
- 柯林斯航空：銷售額為75.37億美元，按年增長6%，其中國防業務增長13%，商用售後業務增長12%。商用OE銷售下降6%。調整後營業利潤按年增長17%，達到12.07億美元，得益於商用售後和國防業務量的提升。
- 普惠公司：銷售額為75.69億美元，按年增長18%，其中商用售後業務增長17%，軍事業務增長8%，商用OE業務增長31%。季度調整後營業利潤按年增長77%，達到7.17億美元。
- 雷神公司：由於陸空防禦系統（包括全球愛國者系統、NASAMS和反無人機項目）以及中東客戶合同的重新啓動，銷售額按年增長4%，達到71.57億美元。剔除資產剝離，銷售額按年增長10%。季度調整後營業利潤按年增長18%，達到7.28億美元。截至季度末，積壓訂單達2180億美元，其中1250億美元來自商用航空，930億美元來自國防業務。
2025年展望：RTX預計調整後銷售額為830億至840億美元，市場預期為844.7億美元，調整後每股收益為6.00至6.15美元，市場預期為6.07美元。
公司預計年度自由現金流為70億至75億美元。
投資者可以通過iShares美國航空航天與國防ETF（BATS: ITA）和First Trust Indxx航空航天與國防ETF（紐約證券交易所代碼：MISL）獲取該股票的敞口。
市場動向：截至周二最後一次檢查，RTX的股價在盤前交易中上漲4.49%，達到130.67美元。
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圖片來源：Shutterstock
以上內容來自Benzinga Earnings專欄，原文如下：
RTX Corporation (NYSE:RTX) shares are trading higher after the company's fourth-quarter fiscal 2024 results exceeded street expectations.
Net sales increased 9% year-over-year (Y/Y) to $21.623 billion, beating the consensus of $20.535 billion.
Adjusted EPS grew 19% Y/Y to $1.54, above the consensus of $1.38.
RTX's operating cash flow for the fourth quarter totaled $1.6 billion and, a free cash flow stood at $0.5 billion.
The company returned $3.7 billion of capital to shareholders this quarter, bringing the total capital returned since the merger to over $33 billion in the year.
Here’s a closer look at the segments:
- Collins Aerospace: Sales were $7.537 billion (+6% Y/Y), led by a 13% Y/Y increase in defense and 12% Y/Y growth in commercial aftermarket. This was partially offset by a 6% decline in commercial OE sales. Adjusted operating profit surged 17% Y/Y to $1.207 billion, aided by higher commercial aftermarket and defense volume.
- Pratt & Whitney: Sales were $7.569 billion (+18% Y/Y), driven by a 17% Y/Y increase in commercial aftermarket, 8% Y/Y military growth, and a 31% Y/Y rise in commercial OE. Adjusted operating profit escalated 77% Y/Y to $717 million in the quarter.
- Raytheon: Sales rose 4% Y/Y to $7.157 billion on higher volume in land and air defense systems, including Global Patriot, NASAMS, and counter-UAS programs, along with the restart of contracts with a Middle Eastern customer. Excluding the divestiture, sales rose 10% Y/Y. The adjusted operating profit upped 18% Y/Y to $728 million in the quarter. At the end of the quarter, the backlog was $218 billion, of which $125 billion was from commercial aerospace and $93 billion was from defense.
Outlook 2025: RTX expects adjusted sales of $83.0 billion-$84.0 billion vs. the consensus of $84.47 billion and adj. EPS of $6.00-$6.15 vs. street view of $6.07.
The company expects free cash flow of $7.0 billion – $7.5 billion for the year.
Investors can gain exposure to the stock via iShares U.S. Aerospace & Defense ETF (BATS:ITA) and First Trust Exchange-Traded Fund First Trust Indxx Aerospace & Defense ETF (NYSE:MISL).
Price Action: RTX shares are up 4.49% at $130.67 premarket at the last check Tuesday.
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Image: Shutterstock