Here's How RTX Shocked the Market Today (Hint: It's Tariff Related)

Comments about tariff impacts helped send the stock of aerospace and defense company RTX (NYSE: RTX) down today. It was down 10.5% at 1:30 p.m. ET as broader markets rallied. There was nothing wrong with RTX's first-quarter earnings report released today, and the full-year sales and earnings guidance remained the same, with management continuing to expect organic sales growth of 4%-6%, adjusted EPS of $6.00-$6.15, and free cash flow (FCF) of $7 billion to $7.5 billion.However, the market was shocked by management's estimates for the potential impact of tariff actions. For context, RTX's adjusted operating profit was about $10.2 billion in 2024. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool