RTX beats estimates and raises 2026 outlook on aerospace and defense demand
RTX third-quarter revenue rose 11% and topped forecasts, and the company lifted its full-year profit and sales guidance; shares rose about 2% premarket, per Seeking Alpha.
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what happened
According to Seeking Alpha, RTX posted third-quarter results above Wall Street expectations. Revenue reached $24.97 billion, up 11% from a year earlier and $860 million above consensus. Adjusted earnings per share climbed 33% to $2.26, versus an estimate of $1.78.
The company raised its 2026 guidance: adjusted earnings are now expected at $7.65 to $7.75 per share and sales at $97 billion to $97.5 billion. Free cash flow in the quarter, however, fell 47% to $2.12 billion, although it rose to $6.31 billion over the first nine months.
Chairman and CEO Chris Calio credited strong execution and double-digit organic sales growth across commercial aerospace and defense.
why it matters
Part of the earnings gain came from one-off IEEPA cost recoveries, so investors will watch whether growth holds up. A $340 billion order backlog gives visibility on future revenue, but the weak quarterly cash flow shows that turning orders into cash depends on production efficiency and customer payment timing.
market impact
Aerospace and defense sector: strong demand and a higher outlook support RTX shares and the industry.
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instruments
sources
- RTX beats estimates as aerospace, defense demand drives growth — Seeking Alpha, 20 October 2026 at 11:56 UTC
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