|Bid||403.95 x 800|
|Ask||406.10 x 900|
|Day's range||397.59 - 411.46|
|52-week range||353.82 - 465.40|
|Beta (5Y monthly)||1.12|
|PE ratio (TTM)||40.77|
|Earnings date||27 Jan 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||537.13|
Raytheon Technologies (RTX) delivered earnings and revenue surprises of 6.93% and 0.99%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
BOSTON, January 24, 2022--Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), together with its Denmark-based partner Precision Technic Defence Group, announced that they have signed a seven-year framework agreement with the Danish Defense Acquisition and Logistics Organization (DALO) to provide a variety of medium- and long-range surveillance systems for land, maritime and airborne applications. DALO also has awarded the companies a service and maintenance contract.
Teledyne Technologies' (TDY) Q4 results are likely to have gained from the FLIR acquisition along with solid sales volume performance. Strong cost-reduction efforts may have boosted quarterly earnings.