雷神公司和柯林斯航空推动RTX第四季度强劲增长,调整后每股收益增长19%

财报速递
28 Jan

RTX公司(纽约证券交易所代码:RTX)的股票在公司公布超出预期的2024财年第四季度业绩后上涨。

净销售额同比增长9%,达到216.23亿美元,超出市场预期的205.35亿美元。

调整后每股收益同比增长19%,达到1.54美元,高于市场预期的1.38美元。

RTX公司第四季度的运营现金流总额为16亿美元,自由现金流为5亿美元。

公司本季度向股东返还了37亿美元的资本,使得自合并以来返还的总资本超过了330亿美元。

以下是各个业务部门的具体表现:

  • 柯林斯航空:销售额为75.37亿美元,同比增长6%,其中国防业务增长13%,商用售后业务增长12%。商用OE销售下降6%。调整后营业利润同比增长17%,达到12.07亿美元,得益于商用售后和国防业务量的提升。
  • 普惠公司:销售额为75.69亿美元,同比增长18%,其中商用售后业务增长17%,军事业务增长8%,商用OE业务增长31%。季度调整后营业利润同比增长77%,达到7.17亿美元。
  • 雷神公司:由于陆空防御系统(包括全球爱国者系统、NASAMS和反无人机项目)以及中东客户合同的重新启动,销售额同比增长4%,达到71.57亿美元。剔除资产剥离,销售额同比增长10%。季度调整后营业利润同比增长18%,达到7.28亿美元。截至季度末,积压订单达2180亿美元,其中1250亿美元来自商用航空,930亿美元来自国防业务。

2025年展望:RTX预计调整后销售额为830亿至840亿美元,市场预期为844.7亿美元,调整后每股收益为6.00至6.15美元,市场预期为6.07美元。

公司预计年度自由现金流为70亿至75亿美元。

投资者可以通过iShares美国航空航天与国防ETF(BATS: ITA)和First Trust Indxx航空航天与国防ETF(纽约证券交易所代码:MISL)获取该股票的敞口。

市场动向:截至周二最后一次检查,RTX的股价在盘前交易中上涨4.49%,达到130.67美元。

阅读更多:

  • 特朗普呼吁增加北约军费开支:国防承包商将从中受益

图片来源:Shutterstock



以上内容来自Benzinga Earnings专栏,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.

Read Next:

  • Trump Calls For Increased NATO Military Spending: Defense Contractors Stand To Benefit

Image: Shutterstock

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