RTX Corporation is projected to report Q3 2026 consensus revenue of $24.05 billion and EPS of $1.78, with the current price of $193.92 trading below the $226.75 analyst target.
Investors are primarily focused on the company’s ability to convert its record $289 billion backlog into realized revenue, specifically through ramped-up missile production and GTF engine repairs.
While commercial aftermarket services and massive defense awards provide long-term visibility, analysts are watching for improvements in operational margins and supply chain constraints.
The quarter's free cash flow is estimated at $1.98 billion, representing a decline from last year’s unusually high comparison due to the timing of engine production contracts.