RTX reports Q3 adjusted EPS $1.25, consensus $1.14

Reports Q3 revenue $13.46B, consensus $17.53B. Reports company backlog of $190B. “We have made significant progress on our assessment of the Pratt & Whitney powder metal manufacturing matter and expect the financial impact to be in line with the previously disclosed charge,” said RTX Chairman and CEO Greg Hayes. “We are now focused on executing on our fleet management plans and are working relentlessly to mitigate further disruption to our customers. We do not expect any significant future incremental impact as a result of these fleet management plans.”