How RTX Corp. Crushed Its Q1 Earnings Report
RTX reported $19.3 billion in Q1 2024 sales, up 12% from Q1 2023. Its earnings growth was even better, a 32% year-over-year improvement at $1.28 per diluted share. And of course, because profit went up faster than sales, you know that RTX had to have reported better profit margins as well. Those were up 60 basis points at a very respectable 8.9%.