Loading...
•
Dec 31, 2020
Raytheon Q4 2020 Earnings Report
Raytheon Technologies reported Q4 2020 earnings, exceeding expectations for sales, EPS, and free cash flow, and announced its 2021 outlook.
Key Takeaways
Raytheon Technologies reported Q4 2020 sales of $16.4 billion and adjusted sales of $16.6 billion. GAAP EPS from continuing operations was $0.10, including $0.64 of net charges. Adjusted EPS was $0.74. The company recorded net income of $146 million, including $976 million of net charges. Operating cash flow was $1.4 billion, and free cash flow was $747 million.
Sales of $16.4 billion; Adjusted sales of $16.6 billion
GAAP EPS from continuing operations of $0.10, which included $0.64 of net significant and/or non-recurring charges and acquisition accounting adjustments
Adjusted EPS of $0.74
Operating cash flow from continuing operations of $1.4 billion; Free cash flow of $747 million
Revenue by Segment
Forward Guidance
Raytheon Technologies provided its outlook for the full year 2021.
Positive Outlook
- Sales of $63.4 - $65.4 billion
- Adjusted EPS of $3.40 - $3.70
- Free cash flow of approximately $4.5 billion
- Authorized a $5 billion share repurchase program in December
- Plan to repurchase at least $1.5 billion of shares in 2021
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...