RTX Shares Rise 0.53% After Raising Full-Year Outlook
RTX rose 0.53% to $193.12 in premarket trading after raising its full-year outlook. The report also cites an earnings beat, record backlog and a 25-cent cost-recovery benefit.
Aerospace and defense manufacturer RTX NYSE:RTX rose 0.53% to $193.12 at 8:15 a.m. ET in October 20 premarket trading after raising its full-year outlook. Reuters reported an earnings beat and a record backlog. But the headline profit jump needs a closer look: a cost-recovery benefit supplied a hef…