Raytheon Technologies earnings, Revenue beat in Q2

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Raytheon Technologies earnings, Revenue beat in Q2
Credit: © Reuters.

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

Raytheon Technologies announced earnings per share of $1.03 on revenue of $15.88B. Analysts polled by Investing.com anticipated EPS of $0.9291 on revenue of $15.83B.

Raytheon Technologies shares are up 20% from the beginning of the year and are trading at $85.95 , down-from-52-week-high.They are outperforming the S&P 500 which is up 17.74% year to date.

Raytheon Technologies follows other major Industrials sector earnings this month

Raytheon Technologies's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.

Honeywell had beat expectations on Friday with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.

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

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