WASHINGTON (dpa-AFX) - While reporting financial results for the second quarter on Tuesday, aerospace and defense company Raytheon Technologies Corp. (RTX) raised its adjusted earnings and sales outlook for the full-year 2021.
For fiscal 2021, the company now projects adjusted earnings in a range of $3.85 to $4.00 per share on sales between $64.4 billion and $65.4 billion.
Previously, the company expected adjusted earnings in the range of $3.50 to $3.70 per share on sales between $63.9 billion and $65.4 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.85 per share on sales of $65.37 billion for the year. Analysts' estimates typically exclude special items.
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