RTX Corporation (RTX) earnings on July 23, 2026

Before the market opens Q2 2026

More RTX Corporation earnings

Prior outlook: Optimistic Outcome: Accurate

RTX shares jumped after earnings, boosted by a potential partnership and a rising defense sector.

RTX price around the earnings

209.16

Change: +7.3%

2026-07-23, 20:00 UTC

Start of the measured window End of the measured window
194.04 200.42 206.80 213.18 194.88
Price series around the eventClosing price per minute from before the event to the end of the measured window.
July 23, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Accurate

Thesis published
Results released

Strong defense catalysts (800+ GTF orders, $1.8B contract), Jefferies upgrade, 100% beat rate support optimistic setup.

Context analyzed before publication

Trend
Significant run-up into earnings, indicating strong recent trend strength, though with some volatility.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.87
Analysts covering the stock
22
Average price target
215.36
Lowest price target
180
Highest price target
242
Upside to price target
10.5%
Quarterly earnings growth
34.1%
Revenue growth
8.7%
Forward EPS
7.59
Trailing EPS
5.36
Analyst moves in the last 60 days
1
  • Strong buy: 4
  • Buy: 11
  • Hold: 8
  • Sell: 0
  • Strong sell: 0
Strong buy
4
Buy
11
Hold
8
Sell
0
Strong sell
0
  • June 4, 2026 · Jefferies: Upgrades rating (Hold → Buy)

News and sentiment

Evidence

Sentiment
Sentiment
Neutral
Mentions
0
News
Sources (1)

Technicals

Evidence

Average true range (ATR)
2.2%
Distance to 52-week high
-7.8%
14-day change (14d)
-0.1%
30-day change (30d)
+7.1%
30-day relative strength
+6.7%
SPY change (30d)
+0.4%
Nearest support
193.06
Nearest resistance
194.78
Volume accumulation ratio (14d / 46d)
0.84

Trends

Evidence

Average earnings surprise
+13.1%
  • April 21, 2026: actual EPS 1.78 vs estimate 1.52 (surprise +16.9%)
  • January 27, 2026: actual EPS 1.55 vs estimate 1.47 (surprise +5.3%)
  • October 21, 2025: actual EPS 1.7 vs estimate 1.41 (surprise +20.6%)
  • July 22, 2025: actual EPS 1.56 vs estimate 1.43 (surprise +9.5%)

Expected move

Implied move
+6.1%
Source
Options chain

Reactions over its last 20 earnings

Median move
3.5%
75th percentile move
5.8%
90th percentile move
8.5%
Up / down moves
9 / 11
Average up move
+5.0%
Average down move
-3.4%

Monitoring and close

What RTX Corporation reported

Status
Finished
Actual EPS1.89
EPS estimate1.66
EPS surprise+13.9%
Revenue$24,708 million
Revenue estimate$22,893 million
Revenue surprise+7.9%

RTX reported stronger second-quarter 2026 results with revenue up 14% and raised its full-year outlook to $95.5 billion. Shares jumped about 7% with record $289 billion backlog.

Sources (32)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, the figures confirm the optimistic scenario. In the 1260 past cases with a similar move, the close held that direction 86% of the time.

How the stock reacted

Outcome
Accurate
Consolidated
+7.3%
Max favorable move (MFE)
9.6%
Max adverse move (MAE)
0%