Raytheon Technologies earnings beat, Revenue misses in Q4

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Raytheon Technologies earnings beat, Revenue misses in Q4
Credit: © Reuters.

Investing.com - Raytheon (NYSE: RTN ) Technologies reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Raytheon Technologies announced earnings per share of $1.08 on revenue of $17.04B. Analysts polled by Investing.com anticipated EPS of $1.02 on revenue of $17.28B.

Raytheon Technologies shares are down 2% from the beginning of the year and are trading at $88.12 , down-from-52-week-high.They are outperforming the Dow Jones which is down 5.43% year to date.

Raytheon Technologies follows other major Industrials sector earnings this month

Raytheon Technologies's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $2.66 on revenue of $5.73B, compared to forecasts EPS of $2.61 on revenue of $5.6B.

General Electric had beat expectations on Tuesday with fourth quarter EPS of $0.92 on revenue of $20.3B, compared to forecast for EPS of $0.8458 on revenue of $21.34B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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