Raytheon Technologies Corp. RTX said Tuesday its first-quarter net income increased to $1.43 billion, or 97 cents a share, from $1.08 billion, or 72 cents a share, in the year-ago quarter. Raytheon’s adjusted first-quarter net income of $1.22 a share beat the analyst forecast of $1.13 a share, according to estimates compiled by FactSet. Raytheon’s first-quarter sales increased by 10% to $17.21 billion, ahead of the analyst estimate of $16.96 billion. Looking ahead, Raytheon reiterated its estimate for adjusted 2023 net income of $4.90 to $5.05 a share, compared to the analyst forecast of $5.01 a share. Raytheon stock…
