It's been a great year for commercial aerospace and defense company (NYSE: RTX). The company has dispelled the worst fears over the geared turbo fan (GTF) engine inspection issue, and management recently raised its full-year revenue and earnings guidance. That said, is the stock still a good value? Here's what you need to know before buying RTX stock.
Before discussing the business qualitatively, here's a brief overview of management's recently upgraded guidance. As you can see in the table below, management raised its sales and earnings guidance but cut its free cash flow (FCF) guidance. There will be more on that in a moment.
Full-Year Guidance
Source Fool.com