Raytheon Technologies Reports Strong Second Quarter 2021 Results; Raises 2021 Outlook
WALTHAM, Mass., July 27, 2021 /PRNewswire/ — Raytheon Technologies Corporation (NYSE: RTX) reported second quarter 2021 results.
Second quarter 2021
- Sales of $15.9 billion
- GAAP EPS from continuing operations of $0.69, which included $0.34 of acquisition accounting adjustments and net significant and/or non-recurring charges
- Adjusted EPS of $1.03
- Operating cash flow from continuing operations of $1.3 billion; Free cash flow of $966 million
- Company backlog of $151.8 billion; including defense backlog of $66.1 billion and book-to-bill of 1.12
- Achieved approximately $185 million of incremental RTX synergies
- Repurchased $632 million of RTX shares
Raytheon Technologies updates its
…