Edition:
India

Raytheon Technologies Reports Q1 Adjusted Earnings Per Share $1.78


Thursday, 7 May 2020 

May 7 (Reuters) - Raytheon Technologies Corp ::RAYTHEON TECHNOLOGIES REPORTS FIRST QUARTER 2020 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $1.78.Q1 SALES $18.2 BILLION VERSUS REFINITIV IBES ESTIMATE OF $17.34 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $1.22 -- REFINITIV IBES DATA.Q1 LOSS PER SHARE $0.10 INCLUDING ITEMS.QUARTER-END BACKLOG OF $51.3 BILLION.QTRLY BOOKINGS WERE $10.3 BILLION, RESULTING IN A BOOK-TO-BILL RATIO OF 1.44.FINANCIAL IMPACT OF COVID-19 PANDEMIC CANNOT BE REASONABLY ESTIMATED AT THIS TIME.NOT PROVIDING AN OUTLOOK AT THIS TIME.WILL REVISIT PROVIDING A 2020 OUTLOOK AT OUR NEXT EARNINGS RELEASE.RAYTHEON TECHNOLOGIES - COVID-19 PANDEMIC IMPACTED RTC'S BUSINESSES, OPERATIONS AND AEROSPACE SECTOR AS A WHOLE.RAYTHEON TECHNOLOGIES - FINANCIAL IMPACT OF THE COVID-19 PANDEMIC CANNOT BE REASONABLY ESTIMATED AT THIS TIME.RAYTHEON TECHNOLOGIES - HAS TAKEN IMMEDIATE ACTIONS TO CONSERVE CASH, REDUCE COSTS; WILL CONTINUE TO EVALUATE FURTHER ACTIONS.BACKLOG FOR RAYTHEON COMPANY DOES NOT INCLUDED IN RAYTHEON TECHNOLOGIES Q1 RESULTS.