Raytheon Technologies (RTX) reported Q2 FY 2021 earnings of $1.03 per share (versus $0.39 per share in Q2 FY 2020), beating analysts’ consensus estimate of $0.93 per share.

The company’s quarterly revenues amounted to $15.880 bln (+12.9% y/y), roughly in line with analysts’ consensus estimate of $15.833 bln.

The company also raised its guidance for FY 2021, projecting EPS of $3.85-4.00 versus its prior guidance of $3.50-3.70 and analysts’ consensus estimate of $3.82 and revenues of $64.4-65.4 bln versus its prior guidance of $63.9-65.4 bln and analysts’ consensus estimate of $65.39 bln.

RTX rose to $87.40 (+1.69%) in pre-market trading.