RTX Corporation stock heads into Baird conference after raised outlook

RTX Corporation is heading into a scheduled investor appearance after reporting strong third-quarter growth and raising its full-year outlook. Chief Financial Officer Neil Mitchill is due to speak at the Baird 2026 Global Industrial Conference on Tuesday, November 10, at 10:05 a.m. Eastern Time, according to RTX.

The company said the presentation will be broadcast live on its website and archived afterward. For investors, the appearance follows the October 20 release of third-quarter results and could provide further commentary on demand, production and execution against the upgraded targets.

Raised targets meet record backlog

RTX reported third-quarter sales of 25.0 billion US dollars, an 11 percent increase from the prior-year period. Adjusted earnings per share reached 2.26 US dollars, up 33 percent, while reported diluted earnings per share was 1.89 US dollars.

The company also reported a 340 billion US dollar backlog, comprising 176 billion US dollars in commercial programs and 164 billion US dollars in defense. More than 81 billion US dollars of new commercial and defense awards during the quarter supported the backlog, according to the RTX third-quarter release.

RTX raised its 2026 adjusted sales outlook to 97.0 billion to 97.5 billion US dollars from 95.0 billion to 96.0 billion US dollars previously. The adjusted earnings-per-share range increased to 7.65 to 7.75 US dollars from 7.10 to 7.25 US dollars, while the free-cash-flow forecast moved to 9.0 billion to 9.2 billion US dollars from 8.50 billion to 8.75 billion US dollars.

Segment momentum remains uneven

All three major businesses contributed to the quarter's sales growth, but profitability trends differed. Collins Aerospace sales increased 10 percent and adjusted operating profit rose 50 percent to 1.788 billion US dollars. Raytheon sales advanced 14 percent and adjusted operating profit increased 32 percent to 1.134 billion US dollars.

Pratt & Whitney sales grew 10 percent, driven mainly by commercial aftermarket demand. Its reported operating profit fell 19 percent to 608 million US dollars, reflecting a 363 million US dollar charge related to a customer bankruptcy. On an adjusted basis, operating profit increased 29 percent to 968 million US dollars. That distinction matters for investors assessing recurring execution rather than one-off effects.

RTX Chairman and Chief Executive Officer Chris Calio said the company was focused on increasing output, improving its cost structure and investing in new technologies. The conference appearance gives investors an opportunity to test those priorities against delivery capacity, program demand and the raised financial targets.

RTX stock awaits fresh commentary

RTX Corporation stock traded at 170.85 euros on Lang & Schwarz at 15:16 CET on Monday, November 9, 2026. The quote is a trading indication; a dated Xetra comparison is not included here.

In the wider market, investors can follow the S&P 500 market environment alongside company-specific developments.

Further reports and analysis on RTX Corporation stock will track the November 10 presentation and any changes to management's outlook.