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Mar 31, 2024
Raytheon Q1 2024 Earnings Report
RTX reported strong sales growth and a record backlog, reaffirming its full-year outlook.
Key Takeaways
RTX reported a strong first quarter with a 12% increase in sales and a record backlog of $202 billion. The company reaffirms its full year outlook.
RTX saw a robust 12% increase in organic sales.
The company's backlog reached a record $202 billion.
GAAP EPS increased by 32% year-over-year.
RTX reaffirmed its full-year outlook for sales and adjusted EPS.
Raytheon
Raytheon
Raytheon Revenue by Segment
Forward Guidance
RTX reaffirms outlook for full year 2024
Positive Outlook
- Sales of $78.0 - $79.0 billion
- Adjusted EPS of $5.25 - $5.40
- Free cash flow of approximately $5.7 billion
- Making progress on GTF fleet management plans
- Focus on execution and driving performance and margin expansion
Revenue & Expenses
Visualization of income flow from segment revenue to net income