Industrials·Aerospace & Defense·$234.9B
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.78 | N/A | +17.03% |
| Revenue | N/A | N/A | N/A |
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RTX Corp is a major player in the aerospace and defense sector, focusing on advanced technologies and systems for both commercial and military applications. With a market cap of $265 billion, the company is crucial in supporting global defense initiatives and advancing aerospace innovation.
Earnings Per Share (EPS)
EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.
Revenue Growth
Revenue growth reflects the company's ability to expand its business and capture market share, particularly in a competitive industry.
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| EPS | $1.78 | N/A | +17.03% |
| Revenue | N/A | N/A | N/A |
Tone: Cautiously Optimistic
Management expressed satisfaction with the EPS results despite not providing revenue figures. They acknowledged ongoing challenges but emphasized their commitment to long-term goals.
We are pleased with our EPS performance this quarter.
While we faced challenges, we remain focused on our long-term strategy.
RTX Corp reported a strong EPS performance, exceeding expectations by over 17%. However, the stock fell by 4.4% in reaction, likely due to the lack of revenue information and guidance. Investors may be concerned about the company's future performance without clearer direction.
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EPS Beat Streak
8Q
EPS Beat Rate
100%
Avg EPS Surprise
+11.17%
Avg Stock Reaction
+0.77%
In the last quarter, RTX reported an EPS of $1.55, exceeding expectations by nearly 6%. The stock reacted positively, gaining 3.68% the following day.
Management Promises & Guidance
Overall, investors are cautiously optimistic about RTX's upcoming earnings report, given its strong track record of beating EPS estimates.
Bull Case
If RTX continues its trend of exceeding expectations, it could lead to a significant stock price increase, reflecting strong demand in both aerospace and defense sectors.
Bear Case
Conversely, any signs of declining defense contracts or slower revenue growth could raise concerns about the company's future performance, leading to a potential stock decline.
Earnings Per Share (EPS)
N/AEPS is a key indicator of the company's profitability and financial health, which investors closely monitor.
Revenue Growth
N/ARevenue growth reflects the company's ability to expand its business and capture market share, particularly in a competitive industry.
Defense Contracts
N/AThe number and value of defense contracts can signal future revenue streams and the company's competitive position in the defense sector.
The print will turn on these two things.
Q1
What is the outlook for new defense contracts in 2026?
The market will closely watch for any updates on defense contracts, as this could significantly impact future revenue and growth.
Q2
How is RTX addressing supply chain challenges?
Supply chain issues can affect production timelines and costs, making it a critical topic for investors to understand.
Why consensus could be wrong
The Street may be underestimating the potential for new defense contracts, which could significantly boost revenue beyond current expectations.
Supporting Evidence
RTX has consistently beaten EPS estimates, indicating stronger underlying performance than analysts anticipate.
Recent trends in defense spending suggest increased government budgets, which could favor RTX.
Options pricing indicates a lower expected move than historical averages, suggesting potential upside.
Key Risk
If new contract announcements exceed $2 billion, it could shift market sentiment dramatically.
Pre-commit to what would confirm each case.
The core debate this quarter revolves around RTX's ability to maintain its growth trajectory amidst potential economic headwinds.
Bull Confirmed If
A new defense contract valued at over $1 billion would confirm strong demand and growth potential.
Bear Confirmed If
Any decline in revenue growth below 5% year-over-year could signal trouble ahead.
Implied Move
±2.44%
Historical Avg
±4.8%
The options market is pricing in a modest move, suggesting that investors are anticipating a relatively stable outcome around the earnings report.
Options are pricing ±2.4% while RTX has averaged ±4.8% over the last 8 prints — setup is pricing cheap.
Likely market behavior by outcome — not investment advice.
Beat & Raise
If RTX beats expectations, history suggests the stock could rise by around 1.3% on the first day, confirming strong operational performance.
In-Line / Cautious
If results are in line but management provides cautious commentary, the stock may see muted reactions as investors reassess future growth.
Miss
A miss could lead to a decline of around 1.3% or more, as it would raise concerns about the company's growth prospects.
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
No charge today · Auto-bills $8/mo after 7 days · Cancel anytime
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
No charge today · Auto-bills $8/mo after 7 days · Cancel anytime
ZIONS BANCORP N A
Apr 20, 2026