RTX Earnings History: 100% Beat Rate and What to Expect on April 21

RTX Corporation reports earnings on April 21. That's 14 days away. Before you position, here's what the data actually shows about how this stock behaves around earnings.

The Beat Rate

RTX has beaten analyst estimates in every single quarter tracked by ChartOdds. That's 16 beats out of 16 quarters, a 100.0% beat rate. No misses. No in-line prints. For a large-cap defense contractor navigating procurement cycles and geopolitical volatility, that kind of consistency is rare.

The streak tells you something about how RTX guides the street. Management sets expectations they can clear.

What Happens After a Beat

A perfect beat record sounds like a straight buy signal. The price action is more complicated. After a beat, RTX closes higher the next day 56.2% of the time. The average move following an earnings beat is 0.62%.

That 56.2% means the stock still falls after roughly 4 in 10 beats. Clearing the earnings bar and seeing a green close the next day are two different outcomes. The market has often already priced in the strong report before the number drops.

The Pattern

Three things stand out when you look at the full 16-quarter record.

First, the beat rate is perfect but the price reaction is split. RTX consistently delivers above expectations, but the street frequently prices that in ahead of time. That gap between fundamental performance and price reaction is the core tension in every RTX earnings trade.

Second, a 0.62% average post-beat move puts RTX firmly in the low-volatility earnings category. This is not a name where options buyers are collecting large directional payouts on the report alone. The expected swing is modest.

Third, with zero misses across 16 quarters, there is no historical data on how RTX stock reacts to a downside surprise. That missing variable is a real unknown. Every earnings trade on RTX carries that tail risk with no historical baseline to reference.

What This Means for Traders

Three takeaways before April 21.

One: The beat is the base case, not the edge. A 100% beat rate over 16 quarters is a strong prior. But if the street already expects a beat, you're not getting paid for predicting the obvious. The trade is whether the reaction to the beat is positive, and that's only 56.2% likely.

Two: Size for a small move. An average post-beat swing of 0.62% is tight. If you're building an options position around this report, implied volatility needs to be priced low enough to make the expected value work. A big IV crush on a 0.62% move is a loss.

Three: The edge exists but it's narrow. Winning 56.2% of post-beat next-day closes is above a coin flip, but not by much. Know what you're trading. All 16 quarters of RTX earnings history are tracked on ChartOdds so you can pressure-test your thesis before you risk capital.