RTX Q3 preview cites two growth engines supporting a Buy rating.
Context
What happened: A Seeking Alpha article previews RTX Corporation's Q3 results and rates the aerospace and defense company a Buy, citing defense demand and commercial aerospace aftermarket growth.
Key numbers: $289 billion backlog, including $119 billion in defense. Q2 2026 sales growth of 14% and EPS growth of 21%.
Why it matters: The analyst says the backlog supports upgraded sales and earnings guidance and long term revenue visibility. Valuation is flagged as the principal risk, though improved fundamentals could justify the premium multiple.
Why it matters
The analyst says the backlog supports upgraded sales and earnings guidance and long term revenue visibility. Valuation is flagged as the principal risk, though improved fundamentals could justify the premium multiple.